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President Luis Alberto Moreno has publicly declared that the Bank’s strategic realignment for 2007 along with his initiative “Building Opportunities for the Majority” were inspired by the ILD’s work. The new IDB President invited the ILD to do a study in 2006 of the informal sectors of 12 countries in Latin America and the Caribbean that would provide a useful database and proposals for institutional reform for the bank’s commitment to explore new alternatives for reducing poverty in the region.

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