The IDB Group honors projects from Panama, Brazil, and Bolivia for overcoming implementation challenges and generating replicable lessons for the region. WASHINGTON – The Inter-American Development Bank Group (IDB Group) announced the winners of the eighth iteration of the Superheroes of Development contest. This initiative celebrates development projects that have overcome major implementation challenges, drawing lessons from their experience that can be replicated in other countries in Latin America and the Caribbean. Over its history, the contest has received more than 750 entries from 26
WASHINGTON — The Inter-American Development Bank (IDB) has approved a $100 million grant to help Haiti rebuild essential health services in its three northern departments to save lives and prevent disabilities. The operation, which has been approved by the IDB's Board of Executive Directors, will contribute to improving the health system, conduct key health surveys and analyses for health management, and advance the digitalization of health care, using the information to develop a medium-term investment master plan. The initiative will also build on interventions carried out since 2022 through
WASHINGTON — The Inter-American Development Bank (IDB) has approved a US$160 million loan to support The Bahamas in enhancing its disaster-risk management. The operation, which has been approved by the IDB's Board of Executive Directors, is the second loan in a series of two. The first, approved in 2023, focused on establishing the legal structure for disaster-risk management. It led to the passage of the Disaster Risk Management Act. This second loan will allow The Bahamas to design and adopt the core policy instruments created by that law, such as national standards for humanitarian
WASHINGTON — The Inter-American Development Bank Group (IDB Group) has set in motion the South Connection regional program, following discussion by the Board of Executive Directors. This new initiative seeks to improve connectivity and competitiveness in South America to promote sustainable growth. South America holds enormous potential, but structural challenges continue to impede progress, including high trade costs, limited trade integration, poor transportation and digital infrastructure, weak energy connectivity, and fragmented regulations. The continent also experiences low levels of
WASHINGTON — The Inter-American Development Bank Group (IDB Group) today announced the appointment of Pilar Girón Dávila as Vice President for Human Resources and Digital Transformation, effective October 16, 2025. Her appointment was approved last week by the IDB Board of Executive Directors. In this role, Girón Dávila will be responsible for ensuring that human resources and digital transformation strategies are fully aligned with the Group’s topline objectives. She will also enhance the culture of impact, trust, and meritocracy, enabling the Group to more effectively serve its member
WASHINGTON – The Inter-American Development Bank (IDB) approved a $50 million loan to support digital transformation in the state of Piauí through the “Piauí Mais Digital” project. The operation aims to expand digital connectivity, increase the supply and use of digital public services, improve public management through digitization, and enhance the digital capabilities of businesses. The project will finance the expansion of the state’s data transmission network and modernization of its data center infrastructure, as well as initiatives to strengthen risk management and cybersecurity incident
WASHINGTON — The Inter-American Development Bank (IDB) today brought together at its Washington, D.C. headquarters energy ministers from the six Central American countries, along with authorities from the Regional Electricity Market (MER), representatives of the MER Steering Council (CDMER), the Regional Electricity Interconnection Commission (CRIE), the Regional Operating Entity (EOR), the Grid Owning Company (EPR), multilateral partners, and strategic investors to advance the future of the Central American Electrical Interconnection System (SIEPAC), which is a key initiative of the IDB's
WASHINGTON — The Inter-American Development Bank (IDB) approved a US$6.5 million loan to help Jamaica strengthen its cybersecurity capabilities, benefiting more than 2.8 million people by improving the resilience of public institutions and critical infrastructure against cyber threats. The operation, which includes US$3.5 million in counterpart funding, for a total of US$10 million, will support the country’s efforts to modernize cybersecurity governance, enhance incident response capabilities, and expand its pool of specialized professionals. Cyberattacks in Jamaica have increased
WASHINGTON — Peru has secured a $550 million loan from the Inter-American Development Bank (IDB) to implement fiscal reforms aimed at boosting economic growth through increased productivity and private investment. This loan is the first in a series of two operations that form part of a program designed to close structural gaps in state capacity. It supports reforms focused on strengthening fiscal policy and management to achieve two main goals: improving public spending efficiency and enhancing the efficiency of the tax system. The credit will support policies to strengthen systems for public