The IDB operation supports a broader fiscal reform program in Bolivia agreed with the International Monetary Fund
WASHINGTON — The Board of Executive Directors of the Inter-American Development Bank (IDB) approved a $450 million Programmatic Policy-Based Loan (PBP) to help strengthen energy security and the financial sustainability of Colombia’s power sector. The operation will encourage private investment in power generation and transmission, improve the execution of public resources aimed at expanding access to electricity in rural areas, promote the sector’s financial sustainability, and help reduce the fiscal deficit associated with subsidies. It will also contribute to the objectives of the IDB’s
IDB strengthens transparency and reaffirms its leading position in the 2026 Aid Transparency Index.
The region’s year-on-year growth in the first half of 2026 outpaced the increase in global trade. WASHINGTON — Goods exports from Latin America and the Caribbean grew 19.5% year-on-year in the first half of 2026, outpacing the 14.5% increase in world trade, driven by higher prices for oil and other commodities and by demand for infrastructure associated with artificial intelligence (AI). The region’s strong export performance opens an opportunity to attract more foreign investment, according to the Trade and Integration Monitor 2026 published by the Inter-American Development Bank (IDB). The
WASHINGTON — The Board of Executive Directors of the Inter-American Development Bank (IDB) approved a $200 million Global Multiple Works (GOM) loan to finance rehabilitation and maintenance works on Routes 8, 13, 39, and 15 of Uruguay’s National Road Network. The program will finance fifth-generation Rehabilitation and Maintenance Contracts (CREMA), developed as part of the Ministry of Transport and Public Works’ (MTOP) public policy aimed at improving the efficiency of public spending on road infrastructure and implemented in coordination with the Uruguay Road Corporation (CVU). The contracts
IDB financing to support a pioneering contingent financing facility for Ecuadorian subnational governments to respond to emergencies.
IDB guarantee to support Barbados' efforts to strengthen the resilience of its health system under Multi-Guarantor Debt for Resilience Initiative.
WASHINGTON — The Board of Executive Directors of the Inter-American Development Bank (IDB) approved a $900 million operation to strengthen Argentina’s social protection system through the Human Capital Strengthening Support Program, which aims to help students stay in school and expand access to employment opportunities in Argentina. The program will benefit households representing 3.8 million children and adolescents who receive the Universal Child Allowance (AUH) while financing up to 500,000 job training opportunities for unemployed adults, informal workers, and low-income individuals. The
WASHINGTON — The Board of Executive Directors of the Inter-American Development Bank (IDB) has approved $750 million in financing to expand the coverage of social programs for vulnerable Uruguayan households with children and adolescents and improve their access to benefits. The project is expected to benefit more than 410,000 children and adolescents up to age 17, aims to increase social program coverage among economically vulnerable children and adolescents from 82.4% to 85.6%, and reduce the time to process a benefit application from 67 to 30 days. The operation will also strengthen
WASHINGTON — Latin America and the Caribbean needs approximately $170 billion annually to conserve its biodiversity and restore its ecosystems, according to a new study by the Inter-American Development Bank (IDB) and the Economic Commission for Latin America and the Caribbean (ECLAC). At current financing flows, the estimated annual financing gap is nearly $153 billion, equivalent to approximately 2.1% of regional GDP. The new joint report, The Biodiversity Financing Gap in Latin America and the Caribbean: Needs, Flows, and Mobilization Strategies Toward 2030, provides the first comprehensive