1 Guaraní 58th Annual Meeting of BID

The Inter-American Development Bank held its 58th Annual Governors' Meeting in Asunción in 2017 — the first time Paraguay had hosted the event. The IDB, founded in 1959 and headquartered in Washington, D.C., is the primary multilateral development lender for Latin America and the Caribbean, and host-nation commemorative issues tied to its annual meetings have become a minor but consistent numismatic tradition among member states.