Latin America and the Caribbean: Economic Recovery and Higher Commodity Prices Drive Rebound in Tax Revenues

May 15, 2023
Tax revenues as a share of GDP in Latin America and the Caribbean rebounded to their pre-pandemic level in 2021 amid an economic recovery and higher commodity prices, according to a new report.

IDB Launches Platform for Effective Security and Justice Solutions

April 18, 2023
The Inter-American Development Bank (IDB) has launched the Security and Justice Evidence-based Platform, a groundbreaking tool to help Latin American governments rely on scientific evidence to reduce crime and violence in the region.

IDB Renews Accreditation as Green Climate Fund Partner

March 27, 2023
The Inter-American Development Bank (IDB) has renewed its accreditation as a Green Climate Fund (GCF) partner. The accreditation allows the IDB to continue channeling GCF resources to Latin America and the Caribbean (LAC).

IDB Signs Important Agreements with Argentina, Chile, Colombia, Honduras and Uruguay at Annual Meeting

March 21, 2023
The presence of Governors and international partners enabled the signing of 13 credit contracts and other agreements within the meeting’s framework.

Focus on Resilience at IDB Group’s XI Consultation of Caribbean Governors

March 06, 2023
This is first official visit to the Caribbean by the new IDB President Ilan Goldfajn. Three countries move ahead with investments in education, health, digital transformation and resilient infrastructure. PORT-OF-SPAIN, Trinidad and Tobago — The Inter-American Development Bank Group (IDB Group) is holding its XI Annual Consultation with the Governors of the countries comprising its Caribbean Country Department and the President of the Caribbean Development Bank on March 5–7 in Port-of-Spain, Trinidad and Tobago.

Peru to Bolster Its Economic Productivity and Competitiveness with IDB Support

December 23, 2022
Peru will launch a program to improve the productivity and competitiveness of its economy with a $300 million loan from the Inter-American Development Bank (IDB). This operation is the second in a series of two independently financed but technically linked programmatic loans to support policy reforms. The first $50 million operation was approved in 2019.

Headwinds Facing Post-Pandemic Recovery in the Caribbean: IDB Report

December 20, 2022
Caribbean countries should prepare for prolonged effects of external economic shocks in 2023, including for high food and fuel prices and rising international interest rates, according to a new report from the Inter-American Development Bank (IDB).

IDB and IDB Invest Study Highlights Opportunities for the Circular Economy in Colombia

December 15, 2022
Latin America and the Caribbean’s financial systems must look at the circular economy not just as a product but also as a systemic approach, to take advantage of its full potential, according to the latest study Financing the Circular Economy: The Colombian Experience, published by the Inter-American Development Bank and IDB Invest, in collaboration with Bancolombia, Banco de Bogotá and Bancóldex.

Suriname to Improve Medium-Term Fiscal Sustainability with IDB Support

December 15, 2022
Suriname is working to improve its medium-term fiscal sustainability by optimizing tax revenue collection and improving budget planning and execution, as well as public investment management, supported with a US$50 million loan approved by the Inter-American Development Bank (IDB).

IDB to Support the Region in Implementing the New Global Biodiversity Framework

December 13, 2022
IDB ATTENDS COP15 AS THE LEADING MDB FOR NATURE-BASED SOLUTIONS IN LATIN AMERICA AND THE CARIBBEAN The Inter-American Development Bank (IDB) is committed to increasing its nature-positive finance and will continue its process to develop a green finance target.  The IDB will also continue leading work with other multilateral development banks (MDBs) to develop a commonly agreed definition of nature-positive finance and a tracking methodology for the second quarter of 2023.