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As prepared for delivery Mapocho Station Santiago, Chile Thank you, Governors, for coming to beautiful Chile and our Annual Meetings. It was a great event! Thank you, Chile, for hosting us so well. The Meetings brought together almost 4,800 participants from 59 countries – ministers, delegates, students and civil society organizations. Over 800 private-sector representatives, from corporates to banks, also took part, underscoring the IDB’s relevance to businesses. Engagement in meeting rooms and speed dating was frenetic, showing the level of commitment to the region’s future. It has indeed

Ready and Resilient Americas will enhance disaster preparedness, response, and recovery across Latin America and the Caribbean. SANTIAGO – The Inter-American Development Bank (IDB) today launched "Ready and Resilient Americas," a regional program to make Latin America and the Caribbean more resilient to the disasters that harm its economies and quality of life. The program will expand and enhance the Bank’s work in this increasingly critical area. Ready and Resilient Americas aims to build stronger regional collaboration to boost resilience, improve readiness, ensure swift and effective

As prepared for delivery Mapocho Station Santiago, Chile Nicolás Grau, Minister of Economy, Development, and Tourism of the Government of Chile; Jozef Síkela, Commissioner for International Partnerships of the European Commission; Good afternoon, distinguished authorities, guests, ladies, and gentlemen, It is a great honor to be here in Chile – a land of striking extremes, from glaciers in the south to deserts in the north. I was just in Punta Arenas, where I participated in the International Investment Forum, and saw firsthand the natural beauty of Torres del Paine and the region’s potential

New program will promote integration and growth in South America SANTIAGO – The Inter-American Development Bank (IDB) presented today “South Connection,” a new regional program co-created by the countries of South America for developing strategic corridors to improve connectivity, strengthen value chains, and modernize institutional frameworks. By connecting currently fragmented markets, the initiative seeks to increase scale, reduce costs, and attract investment. During the IDB and IDB Invest Annual Meetings, the Bank’s governors and other high-ranking representatives from Argentina, Bolivia

New initiative will help expand care services and infrastructure to support children, older adults, and people with disabilities. SANTIAGO – The Inter-American Development Bank (IDB) has launched a new initiative called “IDB Cares” that focuses on expanding care services and infrastructure to improve the lives of children, older adults, and people with disabilities, while creating jobs and accelerating economic growth in Latin America and the Caribbean. IDB Cares is the IDB's institution-wide effort to address a region-wide shortage of high-quality, affordable care services. The initiative

SANTIAGO – The Inter-American Development Bank (IDB) and the Republic of Chile signed $180 million in agreements to promote sustainable and resilient economic growth, strengthen the capacities of regional government, diversify exports, and improve water and electricity services in Rapa Nui, during the IDB and IDB Invest Annual Meetings held in Santiago. “These agreements reflect the historical and deep partnership between Chile and the IDB and our shared commitment to advancing economic development,” said IDB President Ilan Goldfajn. “We’re grateful to Chile for hosting this year’s Annual

The Inter-American Development Bank (IDB) and the national government of Argentina have joined efforts to respond to devastating floods in the city of Bahía Blanca through a flexible and innovative financial mechanism designed for emergencies. The Contingent Credit Facility for Natural-Disaster and Public-Health Emergencies (CCF) is an IDB tool that enhances a country's ability to respond quickly to emergencies and improves its financial management of disaster risks. This instrument has played a crucial role in past emergencies, such as the 2016 earthquake in Ecuador and Hurricane Dorian in

The Inter-American Development Bank (IDB) priced its first digital bond in pound sterling, leveraging HSBC Orion, a digital assets blockchain-based platform. The issuance was governed by Luxembourg law, which allows bonds and other securities to be issued, transferred, and securely held in digital form. The 15-month, £5 million fixed-rate bond was jointly managed by HSBC Bank and NatWest.

El Salvador will advance on key reforms aimed at promoting macroeconomic and fiscal sustainability with a $500 million loan from the Inter-American Development Bank (IDB). The IDB loan, known as special development lending, will offer budgetary support as El Salvador implements structural reforms following an agreement with the International Monetary Fund in February to restore fiscal sustainability to boost growth and resilience. The IDB financing approved by the IDB Board of Directors will provide the country with the fiscal space to advance on reforms to increase tax revenue, reduce public

• The ninth Gobernarte contest is open to subnational governments in Latin America and the Caribbean. • Entries must be submitted by April 10. The Inter-American Development Bank (IDB) has launched the ninth edition of the Gobernarte Contest: Pablo Valenti Award, which recognizes the best subnational government initiatives in Latin America and the Caribbean. This year, the award focuses on the most innovative uses of artificial intelligence and digital identification to enhance citizen services. The IDB’s Gobernarte contest aims to identify, document and reward innovative experiences from the