Brazil, Feb. 18 -- The Board of Executive Directors of the Inter-American Development Bank (IDB) has approved a $99.2 million loan to improve the coverage and quality of early-childhood education in Joinville, a municipality in Santa Catarina, Brazil.The loan is the eleventh operation of a program to modernize social spending in Brazil, which is financed by a conditional credit line for investment projects. The overall objective of the program, which was approved in 2020, is to strengthen the country's institutional capacity to plan and manage social spending to better serve citizens.The loan funds a program to expand full-day early-childhood education, with resilient and universally accessible infrastructure. It will also use innovation an...