WASHINGTON — The Inter-American Development Bank (IDB) and the Korea National Police Agency (KNPA) signed a memorandum of understanding (MoU) to strengthen cooperation in public security and institutional capacities in Latin America and the Caribbean. The agreement establishes a non-exclusive framework to promote cooperative programs and projects aimed at improving public security in the region. The collaboration focuses on strengthening law enforcement institutions by leveraging advanced investigative technologies and the KNPA’s “K-policing” model. Emilio Pineda, Manager for the Institutions
GUATEMALA CITY — Guatemala will host the 2027 Annual Meetings of the Inter-American Development Bank (IDB) Group on March 10-14. The Meetings are the IDB Group’s annual flagship event and one of the premier economic and development-focused gatherings in Latin America and the Caribbean. This year’s Meetings in Paraguay brought together approximately 4,000 participants from 53 countries, about half from the private sector, including nearly 400 CEOs and 700 senior executives. “Guatemala is a longstanding partner of the IDB Group, and we are pleased to bring our Annual Meetings to the country in
WASHINGTON — The Inter-American Development Bank (IDB) and the World Bank have approved the Full Mutual Reliance Framework (FMRF), an innovative cofinancing arrangement that will help streamline jointly financed development projects in Latin America and the Caribbean. This framework delivers on a longstanding request from shareholders for multilateral development banks (MDBs) to work more effectively as a system and maximize development impact. Under the FMRF, the IDB and the World Bank may rely on one another's operational policies when cofinancing eligible projects, reducing duplication and
WASHINGTON – Presented in the context of the 2026 World Cup and the IDB Group's The Development World Cup series of initiatives, GameChangers: The Field's Pulse Meets the Gallery brings art and sport into dialogue through soccer as a cultural force and a driver of development across Latin America and the Caribbean. Curated by Manuela Reyes and Mariana Mejía, the exhibition features works by Alma Digital, Rodrigo Ímaz, Felipe Jácome, Mandy Barker, Lao Gabrielli, Ronald Pizzoferrato, among others. It explores the relationship between art and sport through emotion, perception, and memory
WASHINGTON — The Board of Executive Directors of the Inter-American Development Bank (IDB) approved a loan of up to US$8 million to improve the efficiency of the public sector and strengthen fiscal sustainability in Belize, enhancing public employment management and optimizing spending. The program, which will be executed by Belize’s Ministry of Public Service and Disaster Risk Management, aims to strengthen strategic workforce management and promote a more efficient, transparent, and digitally enabled public administration. Belize has made progress in strengthening its fiscal position, but a
WASHINGTON — The Board of Executive Directors of the Inter-American Development Bank (IDB) approved a $90.4 million loan for the state of Goiás in Brazil to strengthen fiscal revenue and public expenditure management. This operation will finance measures to strengthen fiscal governance, upgrade technology, and operational processes, and build institutional capacity. The measures will modernize Goiás’s fiscal management, contributing to aligning systems and processes with the country’s consumption tax reform as well as enhance the state’s ability to deliver services and support sustainable
WASHINGTON — The Board of Executive Directors of the Inter-American Development Bank (IDB) approved financing for $78.75 million to expand access to housing, basic services, and opportunities for children, adolescents, migrant populations, and other vulnerable households in Uruguay, while improving living conditions and social integration in disadvantaged neighborhoods. The program is expected to benefit more than 31,000 people directly, including approximately 2,700 migrants, as well as an additional 62,500 people indirectly, building on more than two decades of collaboration between the IDB