On October 5, 2016, the Plurinational State of Bolivia signed a $60 million loan agreement with the Inter-American Development Bank (IDB) for the Rural Land Regularization and Titling Program. The project was planned "to increase the legal security of rural property, improve the sustainability of land resources, and increase agricultural productivity and the income of the beneficiaries." It also sought to complete the titling and remediation of 100 percent of the area susceptible to remediation in Bolivia.