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“We hope that we are prepared for what is coming in the region,” Goldfajn added, speaking at an IDB meeting in Panama City.
Stocks and currencies in the region tumbled on Wednesday as traders showed worries over the stability of Swiss lender Credit Suisse following the crash of Silicon Valley Bank, raising international fears of financial contagion.
“We’re going to learn a lot in coming weeks and months about how to get through this period,” Goldfajn said.
He added that IDB leaders would meet to discuss the development bank’s macroeconomic outlook and the impact of inflation, as well as risks to the region’s financial systems.
