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MIF approves $2.8 million bond purchase for microfinance in Caribbean

The Multilateral Investment Fund announced the approval of the purchase of a 30-year floating bond worth $2.8 million from Development Finance Limited in Trinidad & Tobago that is designed to help finance approximately 2000 microentrepreneurs in the Caribbean.

IDB shareholders vote to approve framework for debt relief to poorest countries under HIPC initiative

SANTIAGO, Chile - Shareholders of the Inter-American Development Bank have voted to approve the financial framework that would enable the Bank to provide debt relief to Bolivia, Guyana, Honduras and Nicaragua under the international initiative to ease the burden on the world’s most heavily indebted poor countries (HIPC).

IDB members reach agreement on Bank's full participation in HIPC

Member countries of the Inter-American Development Bank have reached an agreement that will ensure the IDB’s full participation in the debt relief initiative for Heavily Indebted Poor Countries (HIPC), IDB President Enrique V. Iglesias announced.

IDB, President of Guyana, sign $54 million in concessional loans for low-income settlements and water and sanitation

The president of the Cooperative Republic of Guyana, Bharrat Jagdeo, and Inter-American Development Bank President Enrique V. Iglesias signed two loans on concessional terms, for a total of $54 million, to assist the settlement of low-income families and to improve water and sanitation.

IDB's Board of Governors Working Group on debt reduction holds first meeting

The working group on debt reduction of the Board of Governors of the Inter-American Development Bank held its first meeting, with participation of representatives of subregional banks, to explore debt reduction for Bolivia, Honduras, Nicaragua and Guyana.

IDB approves $1.9 million in concessional financing for Guyana

The Inter-American Development Bank today announced the approval of $1.9 million in concessional financing for Guyana for two projects: preparation of public sector reform and improvement of health and sanitary conditions in the city of Georgetown.

IDB approves $27 million to help Guyana assisting settlement of low-income families

The Inter-American Development Bank announced the approval of a $27 million soft loan to support a program in which the government of Guyana will divest large amounts of land to assist the settlement of low-income families.

IDB approves $27 million for water and sanitation in Guyana

The Inter-American Development Bank announced the approval of a $27 million loan to Guyana to improve the quality and availability of water supply and sewerage services in Georgetown and to reduce the level of environmental degradation.

IDB approves $30 million for Guyana for comprehensive air transport sector reform

The Inter-American Development Bank announced the approval of a $30 million soft loan to Guyana to support a comprehensive air transport sector improvement program that includes regulatory and institutional reforms, investments in infrastructure, and institutional modernization.

IDB, Guyana sign $20 million loan for urban develoment

Guyana's Senior Minister of Finance, Bharrat Jagdeo, and Inter-American Development Bank President Enrique V. Iglesias signed documents for a $20 million soft loan to support a program to improve infrastructure and basic public services for Guyana's urban population.

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