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WASHINGTON — The Board of Executive Directors of the Inter-American Development Bank (IDB) approved up to $69 million in non-reimbursable investment financing to modernize Les Cayes Airport and improve the transportation network in southern Haiti. The works at Les Cayes Airport represent a key step toward strengthening connectivity and development in the country’s southern region. The investment plan is designed to upgrade aviation safety to international standards, providing a reliable alternative for the transport of passengers, cargo, and essential supplies. The works will be carried out in

WASHINGTON — The Inter-American Development Bank Group (IDB Group) will engage with the government of Venezuela under a new Governor, after a consultation with its member countries. The IDB Group has taken note of the appointment of Calixto José Ortega Sánchez as Governor to the Boards of Governors. As Venezuela advances its recovery, the IDB Group will focus on efforts to support the people of Venezuela, drawing on years of data, analysis, and regional experience. The new Governor's appointment is effective immediately.

President Goldfajn discussed the IDB Group’s contributions to the development of an integrated financing framework to support country-led efforts. ROME — Inter-American Development Bank Group (IDB Group) President Ilan Goldfajn visited the headquarters of the Global Alliance Against Hunger and Poverty's Support Mechanism in Rome on June 19, meeting with its director, Renato Domith Godinho, and his team to review the IDB Group's engagement with the Alliance and discuss next steps. The visit builds on the commitments the IDB Group made when the Alliance was launched at the G20 Leaders' Summit in

SAN SALVADOR — The government of El Salvador and the Inter-American Development Bank Group (IDB Group) today launched El Salvador Crece, a strategic initiative aimed at promoting investment, accelerating reforms, and advancing high-impact policies to drive economic growth, strengthen national productivity, and create jobs. El Salvador Crece is part of the IDB Group's LAC Crece platform, introduced this year during the Annual Meetings in Asunción, Paraguay, to support Latin American and Caribbean countries in designing and implementing private-sector-led economic development agendas. The launch

WASHINGTON — The Board of Executive Directors of the Inter-American Development Bank (IDB) approved $150 million in financing to improve drinking water and sanitation services and water security, and to strengthen agricultural production in the province of Mendoza, Argentina, directly and indirectly benefiting more than 1.6 million people. The operation will increase water availability and quality by expanding and optimizing wastewater treatment services, and it will strengthen the public management of water resources, which are vital to the provincial economy. “Water is a fundamental driver

WASHINGTON — The Inter-American Development Bank Group (IDB Group) approved the Country Strategy (CS) for Uruguay for 2026–2030, a plan developed jointly with the Government of Uruguay that envisages investments of US$4.2 billion and seeks to consolidate the country as a hub for innovation and a benchmark for security, building on its stability and institutional and macroeconomic strength. Under this new agenda, the IDB will allocate US$2.7 billion to support public sector initiatives, while IDB Invest, the private sector institution of the IDB Group, will allocate US$1.5 billion to strengthen

WASHINGTON — The Board of Executive Directors of the Inter-American Development Bank (IDB) approved a guarantee of up to $550 million to strengthen security and justice policies in Argentina and improve the country’s access to capital markets. The IDB guarantee is the first to support this type of reform in Argentina. It will also enable the country to mobilize $1.2 billion in private financing, helping improve access to international capital markets, in line with the objectives of the fiscal sustainability plan agreed with the International Monetary Fund (IMF). The financing will support the

WASHINGTON — The Board of Executive Directors of the Inter-American Development Bank (IDB) has approved a Policy-Based Programmatic Loan (PBP) of US$150 million to strengthen energy security in Barbados. The program will help modernize Barbados’ electricity sector through reforms that foster a more competitive, resilient, and sustainable energy market, supported by coordinated regulation and private sector participation. It will also contribute to improving system stability and reducing energy imports. More than 135,000 electricity customers will directly benefit from the program through

WASHINGTON — The value of goods exported from Latin America and the Caribbean grew by 15.7% year-on-year in the first quarter of 2026, building on 7.8% growth in 2025, according to the latest edition of “ Trade Trends Estimates – Latin America and the Caribbean ,” a report by the Inter-American Development Bank (IDB). The increase reflects faster growth in both export volumes and prices. Regional export growth was driven primarily by mining products, particularly gold and copper, and strong performance in agribusiness products such as soybeans, coffee, and meat. Oil exports also contributed

MEXICO CITY – The Inter-American Development Bank Group (IDB Group) and FIFA launched FIFA Arena in Mexico, a joint initiative to create eight community mini-pitches and expand opportunities for children, youth, and families through sport in urban and rural communities across Mexico by the end of the year. The project combines sports infrastructure with community-based programming focused on education, skills development, social inclusion, and violence prevention. The initiative will promote girls' participation in soccer and support education and social inclusion through sport. The mini