The Inter-American Development Bank on Monday offered to help Mexico with its recovery process following the devastation inflicted by Tropical Storms Ingrid and Manuel, which left 147 dead and caused harm to tens of thousands.

"We of the IDB are ready to stand beside them in all the immensely daunting challenges of reconstruction that lie ahead," bank chief Luis Alberto Moreno said at the inauguration of the 16th Inter-American Forum on Microenterprise in Guadalajara.

Moreno expressed to Mexican President Enrique Peña Nieto "an enormous solidarity" in the name of the more than 1,500 participants in the forum.

In return, Peña Nieto noted the huge impact of the tropical storms on the country and thanked the IDB for its offer.

"Thank you very much for this solidarity, and, above all, for your willingness to stand by us in our process of reconstruction," he said.

At the forum, Deputy Treasury Secretary Fernando Aportela said the government has received $400,000 from the IDB "in humanitarian aid" for the victims of Manuel and Ingrid.

Up to now, the mid-September storms have left 147 dead, more than 300 municipalities with extensive damage, tens of thousands of people in temporary shelters and more than 1.2 million people affected.

The tropical systems hit Mexico simultaneously, causing floods, mudslides, and vast damage to homes and infrastructure. EFE