Eric Parrado appointed as new chief economist for the IDB

Wednesday, January 23, 2019 - 16:01
The Inter-American Development Bank announced today that starting March 1 Eric Parrado Herrera will take over as the new chief economist and general manager of the IDB’s Research Department. A Chilean national, Parrado is Professor of Economics and Finance at the ESE Business School of Universidad de los Andes in Santiago, Chile, and visiting professor at the University of Oxford and the Central European University. 

Latin American and Caribbean exports rise but at a slower rate

Thursday, January 10, 2019 - 12:13
Exports from Latin America and the Caribbean hit their highest level in six years thanks to a 9.9 percent increase in 2018, albeit amid growing downside risks in the future, according to a new report by the Inter-American Development Bank. The region exported $1.08 trillion last year. While this is the highest level since record exports in 2012, the rise fell short of the 12.2 percent growth rate for 2017. The region’s performance also lagged a worldwide trade increase of 11.6 percent for the Jan-Sept period (compared to the same period the previous year).

Internet of things to improve productivity and sustainability of trout aquaculture in Peru

Friday, December 14, 2018 - 12:58
A US$2 MILLION PROJECT WILL IMPROVE AQUACULTURE PRODUCERS' PRODUCTIVITY AND INCOME IN LAKE TITICACA IN PERU WHILE IMPROVING ITS SUSTAINABILITY IDB Lab, the Inter-American Development Bank (IDB) Group’s innovation laboratory, approved over US$2 million funding to support a project that will allow local small and medium-scale aquaculture producers in Lake Titicaca (Peru) to incorporate the benefits of Internet of Things (IoT) in trout farming.

Government spending waste costs Latin America and Caribbean 4.4% of GDP: IDB study

Monday, September 24, 2018 - 15:05
Inefficiencies and fraud in procurement, civil service and targeted transfers could be as large as $220 billion a year Report includes policy recommendations to improve spending in healthcare, education, infrastructure and public safety

Inter-American Development Bank to hold Annual Meeting in Nassau, The Bahamas

Thursday, February 11, 2016 - 03:00
Online media registration is now available for April 7–10 gathering of Latin American and Caribbean leaders Spotlight on economic challenges, private sector opportunities, urban development, global economic challenges, disaster management The Inter-American Development Bank Group will hold its Annual Meeti

Peru to expand access to financing for small producers at the base of the pyramid

Friday, January 22, 2016 - 03:00
IDB loan to Cooperativa Abaco will focus on the country’s agricultural sector The Inter-American Development Bank (IDB) has approved a loan of $5 million to Cooperativa Abaco, whose program Abaco Rural-Cadenas offers financing based on the productive cycles of small rural producers who are organized in associations based on their value chains.

Peru to improve rural land registration and titling with an IDB loan

Thursday, December 4, 2014 - 03:00
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).

Peru to modernize agricultural information system with support from IDB

Tuesday, September 23, 2014 - 03:00
Loan of $15 million will facilitate compiling and sharing of data to guide public policy and marketing The Inter-American Development Bank (IDB) has announced the approval of a $15 million loan to help Peru improve the quality, reliability and availability of its agricultural information, in a bid to improve farm policies and revenue for rural producers.

Peru to increase agricultural productivity with IDB support

Wednesday, November 27, 2013 - 10:29
Investment program will promote advanced technology transfer and innovation in agricultural sector Peru will receive a $40 million loan from the Inter-American development Bank (IDB) to help incorporate latest technology in the agricultural sector and close existing productivity gaps.

Peru will protect forests while improving rural livelihoods with $50 million from the Forest Investment Program

Wednesday, October 30, 2013 - 03:00
Peru has secured $50 million in funding from the Forest Investment Program (FIP) to be invested in activities that will fight deforestation and forest degradation throughout the country. The Forest Investment Plan of Peru (FIP-PE) was approved in the FIP Sub Committee that took place in Washington, DC on October 30th.