WASHINGTON — Caribbean economies have achieved notable fiscal consolidation and debt reduction despite the persistence of high global interest rates and volatile energy markets, according to a new Inter-American Development Bank (IDB) report. The new edition of the Caribbean Economics Quarterly (CEQ), titled “Fiscal Resilience, Debt Reduction and Domestic Resource Mobilization in the Caribbean,” examines the fiscal and debt trajectories of six member countries of the IDB’s Caribbean Country Department: The Bahamas, Barbados, Guyana, Jamaica, Suriname, and Trinidad and Tobago. It finds that
WASHINGTON — Access to reliable, low-cost electricity is critical for driving growth and prosperity in the Caribbean. Declining energy costs now offer unprecedented opportunities to build more resilient economies and drive development, according to a new report by the Inter-American Development Bank Group (IDB Group). The Caribbean Economics Quarterly report, “The Price of Power: How the Caribbean Can Build a More Secure Energy System,” provides a comprehensive analysis of current capacity, consumption, costs, and prices of electricity across six IDB member countries of the Caribbean: The
The contest is accepting submissions until June 5, 2026 WASHINGTON – The Inter-American Development Bank Group (IDB Group) has kicked off the ninth Superheroes of Development contest in this World Cup year, tapping into the spirit of the world’s most popular sport to recognize the teams that, project after project, take to the field to fight for better lives in Latin America and the Caribbean. This year, Superheroes of Development spotlights values shared by both soccer and projects to improve lives in the region: teamwork, continuous learning from new experiences and evidence to improve
Program's two-year milestone yields new actions on cybersecurity, capital markets, and fiscal research PORT OF SPAIN, Trinidad and Tobago — The Inter-American Development Bank Group (IDB Group) launched three key regional initiatives on cybersecurity, capital-market integration, and fiscal policy under its regional ONE Caribbean program that aims to foster long-term stability and growth in the Caribbean. The new actions were presented during the ONE Caribbean Ministerial Dialogue in Port of Spain, Trinidad and Tobago, a high-level gathering that marked the program’s two-year milestone. Through
WASHINGTON — Caribbean economies have demonstrated notable resilience in the face of global economic headwinds, according to a new report from the Inter-American Development Bank Group (IDB Group). Strong performance in tourism and energy has anchored regional growth, although significant downside risks persist. The latest edition of the Caribbean Economics Quarterly, "How Are External Forces Impacting Trade, Growth, and Investment in the Caribbean?" offers a comprehensive analysis of the region's economic outlook. The study examines global trends and their implications on the economies of The
WASHINGTON — Innovative financing solutions and public-private partnerships (PPPs) are key to unlocking the Caribbean’s development, according to a new report by the Inter-American Development Bank (IDB). Investment in smart, resilient, well-executed infrastructure projects will both help insulate the region from global economic shocks, as well as drive faster and more inclusive growth. The report, “Catalyzing Capital: Public-Private Partnerships for Resilient Growth,” provides a comprehensive analysis of the region’s infrastructure investment needs, the enabling environment for public-private
WASHINGTON – The Inter-American Development Bank (IDB) approved a US$30 million Conditional Credit Line for Investment Projects (CCLIP) to support Guyana’s efforts to enhance its water and sanitation infrastructure. The CCLIP’s general objective is to improve the resilience, quality and sustainability of drinking water and sewerage services provided by Guyana Water Incorporated (GWI), the national utility provider. This program is expected to benefit approximately 151,560 people by improving access to safe, reliable water services. GWI will also benefit from digital transformation, enabling
IDB Lab, the innovation and venture capital arm of the Inter-American Development Bank Group (IDB Group), has launched a call for participants in its Women STEMpreneurs Competition to fund women-led startups in Latin America and the Caribbean. The thirteenth edition of the regional competition will be held through the WeXchange platform offering opportunities for women entrepreneurs in science, technology, engineering, and mathematics (STEM). The call underscores IDB Lab's commitment to strengthening the innovation ecosystem to maximize the talent of women entrepreneurs and accelerate the