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“Demand Solutions – Ideas for Improving Quality of Life” at the Inter-American Development Bank links creative start-ups with investors, mentors and thought leaders Sixteen young entrepreneurs from Latin America showcased their innovative products and services Dec. 2 at an international event in Washington, D.C. aimed at encouraging bold new solutions to the region’s toughest development problems. A standing-room-only crowd of 635 people attended “Demand Solutions – Ideas for Improving Quality of Life” at the Inter-American Development Bank (IDB),where top international experts shared their

Loan of $110 million will benefit 80,000 households in west of country The Inter-American Development Bank has approved a $110 million loan to Honduras to boost human capital in minors within families living in extreme poverty in rural areas of the west of the country. The program seeks to stimulate the use of education, health and nutrition services and support household consumption by financing money transfers. The goal is to reach at least 80,000 households taking part in an initiative called the Bono Vida Mejor. The amount of the average annual transfer will be $340 per home, which is

The Inter-American Development Bank (IDB) announced the approval of a package of loans for $750 million for the expansion of the Lima metro. The project will include the construction of 35 kilometers of tunnels under the metropolitan area of the Peruvian capital. In 2020, when all its phases are in operation, the underground transport system will allow passengers to cross the city from east to west in 45 minutes, as opposed to the more than two hours the trip currently takes by car. It will also significantly reduce the costs of transportation, the number of traffic accidents and emissions of

A $40 million loan will encourage land-related investment and increase agriculture productivity in Andean Peru will improve its rural land registration and titling to encourage land-related investment and agriculture productivity with financing from a $40 million loan from the Inter-American Development Bank (IDB). Agriculture is the main source of livelihood for the rural poor. In Peru, 60 percent of the poor people live in rural areas, most of them are farmers who rely on small plots of land and their own labor to produce food for their own consumption and income. One of the main challenges

QuizUp joins forces with the Inter-American Development Bank to promote climate change awareness The Inter-American Development Bank (IDB) and QuizUp invite you to test your knowledge in climate change related issues with a new trivia topic in one of the world’s fastest growing games. Each round consists of seven timed questions developed by IDB’s in-house specialists. It is the first time that the Bank uses such a novel learning platform to reach different audiences and achieve, through play, awareness on the challenges in the area of climate change. With content designed by the IDB; players

Aims to improve design of policies and the effectiveness of the National Police, with major focus on preventing violence against women The Inter-American Development Bank (IDB) has approved a $20 million loan for Paraguay that aims to bring down the crime rate in high-violence areas, particularly in Asuncion and the Departamento Central, and includes a major component on preventing violence against women. The Integrated Citizen Safety Management Program aims to raise the effectiveness of the National Police in crime prevention and investigation, reduce violence against women within households

Bank approves new loan via system of deferred withdrawal The Inter-American Development Bank (IDB) has approved a $120 million loan to finance the second phase of Uruguay's Strategic International Positioning Program. Its goal is to consolidate the country's international positioning, contributing to an increase in investments—mainly those aimed at high value-added sectors— and exports. This will be achieved through the strengthening of the regulatory and institutional framework and better promotion and facilitation of trade. In March 2013, the IDB approved a $550 million transaction to

The Inter-American Development Bank (IDB) has approved a $33 million loan for The Bahamas to improve the management of its public finances and procurement, and to enhance its capacity to monitor progress and implementation of key government priorities. The Bahamas’ tourist-based economy has been growing steadily in recent years but its public finances have suffered since 2008, with growing fiscal deficits and debt levels, amid rising unemployment. To face these challenges, the project aims to help the country get on a path of fiscal consolidation by modernizing its Public Financial Management

Loan of $50 million will help improve the quality of services for citizens The Inter-American Development Bank has approved a $50 million loan for the northeastern Brazilian state of Bahía for a program designed to strengthen public administration to better serve its citizens. The project is known as PROGEST. Even though the state is posting economic growth, it lacks information and strategic planning studies. It is also weak on territorial planning and aligning budget planning with its Multi-Year Plan (PPA in Portuguese), among other challenges that affect the way Bahia provides services. In

Loan of $80 million earmarked for new headquarters to host social services-related ministries The Inter-American Development Bank (IDB) has approved an $80 million loan for Ecuador, designed to improve links among and services provided by the ministries of Health, Economic and Social Inclusion, Urban Development and Housing, and Sports, led by the Social Development Coordination Ministry (MCDS in Spanish). This is to be achieved with the construction and equipping of a common headquarters spanning 74,000 square meters, designed specifically to encourage intersectoral and team work, and with