asuncion unite state historically major backer multilateral lend institutions renew contribution inter-american development bank fund support pilot development project head washington-based organization say sunday news conference idb annual board governors meet paraguay capital asuncion president luis alberto moreno link u.s. decision policy shift since republican president donald trump take office january occasion unite state various domestic reason want participate moreno say add u.s. delegation indicate october 2016 meet will contribute depend result election president trump government begin inform us -at begin february unite state would make contribution idb provide loan governments businesses finance project range large-scale infrastructure small businesses found 1959 say lead source development finance latin america lend 11.3 billion 13.8 billion 2015 2014 respectively multilateral investment fund mif create 1993 instrumental development microfinance provide technical assistance small project aim provide economic opportunity poor brainchild former u.s. president george h.w bush unite state historically large donor idb say statement idb member countries pledge renew fund coffers every several years october meet idb governors agree provide additional 300 million keep fund run 2019 2023. mark first time since mif found unite state contribute fund replenishment idb spokesman confirm come trump propose slash u.s. foreign aid diplomacy budget 28 percent u.s. absence latin american caribbean countries contribute 55 percent total 317 million add mif year japan pledge 85 million idb say last replenishment 2007 contributions latin america caribbean total percent 501 million add fund unite state contribute 150 million representative u.s. delegation say delegate instruction comment u.s. talk point mif replenishment discussions see reuters date sunday say world large economy applaud increase contributions latin american countries unite state pledge additional fund remain commit mif continue play active role donors committee talk point read u.s. back latam development fund sign policy shift