IDB launches Improving Lives Grant 2019 in the Washington, D.C. metropolitan area

Thursday, April 25, 2019 - 14:23
The grant offers up to $25,000 to 10 nonprofit organizations addressing the needs of Latin American and Caribbean communities in the DC area The Inter-American Development Bank (IDB) launched a call for proposals  to identify 10 impactful initiatives that address challenges faced by members of the Latin American and Caribbean communities in the Washington, D.C. metropolitan area.

Ecuador to strengthen its fiscal sustainability with IDB support

Wednesday, April 24, 2019 - 22:14
$500 million in financing will protect macroeconomic stability and social spending Ecuador will strengthen its fiscal sustainability with $500 million in financing approved by the Inter-American Development Bank (IDB).

Guayaquil, Ecuador, to host the 2019 annual meeting of the IDB and IDB Invest

Wednesday, April 17, 2019 - 11:51
Washington, DC. The Board of Executive Directors of the Inter-American Development Bank (IDB) today approved a resolution whereby the city of Guayaquil, Ecuador, is selected to host the Annual Meeting of the Boards of Governors of the IDB and the Inter-American Investment Corporation (known as IDB Invest) on July 16 and 17, 2019.

IDB study estimates big GDP impacts from low infrastructure investments in Latin America

Monday, April 15, 2019 - 15:35
Growth in Latin American and Caribbean is sharply impacted by the failure to invest in infrastructure and the cost rises over time, according to a new report by the Inter-American Development Bank. The study looks at energy, transportation, telecommunications, and water and sanitation sectors in six countries indicative of the reality for the entire region: Argentina, Bolivia, Costa Rica, Chile, Jamaica and Peru.

IDB Group approves 2019-2023 Country Strategy with Barbados

Monday, April 15, 2019 - 14:39
Support totaling $300 million to foster fiscal sustainability, safeguard social outcomes, and promote higher productivity and competitiveness The Board of Executive Directors of the Inter-American Development Bank (IDB) approved a new country strategy with Barbados, which will have a financial plan for the period 2019–2023 of up to $300 million for sovereign-guaranteed loans.

Inter-American Development Bank Prices AUD 500 Million 5-Year ‘EYE’ Bond

Monday, April 15, 2019 - 13:07
The Inter-American Development Bank (“IADB” or “IDB”), rated Aaa/AAA (Moody’s/S&P), priced a new AUD500 million 5-year fixed rate Kangaroo offering under the Education, Youth, and Employment (“EYE”) Bond program.

Weaker global outlook trims Latin America and Caribbean growth prospects

Monday, April 15, 2019 - 12:49
Infrastructure investments seen as critical to help region overcome global headwinds A combination of economic shocks could lower growth in Latin America and the Caribbean by an annual average of up to 1.7 percent in 2019-2021 of GDP, according to the Inter-American Development Bank’s Macroeconomic Report, bringing the baseline growth rate from 2.5 percent to just 0.8 percent.

Big trade growth potential between Gulf countries and Latin America and Caribbean: IDB

Tuesday, April 9, 2019 - 17:19
PANAMA CITY, Panama – Trade between Gulf countries and Latin America and the Caribbean could grow by $13 billion per year simply by signing more trade and investment deals and opening more diplomatic and trade promotion offices, according to a study by the Inter-American Development Bank (IDB).

SDG, urban and housing issues highlighted in IDB 2018 Sustainability Report

Wednesday, April 3, 2019 - 17:11
The IDB launches its new sustainability report with a focus on housing and urban issues The Inter-American Development Bank (IDB) launched its 2018 Sustainability Report, featuring projects, initiatives, and research, with a focus on housing and urban issues in the context of the UN’s Sustainable Development Goals.

IDB highlights strengths of Central America in the face of external economic challenges

Wednesday, April 3, 2019 - 15:14
Two new studies on the region examine the current economic landscape and the work that the IDB Group has carried out over the last year. The economy of Central America and the Dominican Republic has continued to grow over the past year, although at significantly different rates depending on the country. For 2018, growth is estimated at 3.8 percent, a level similar to that of 2017, thanks to a robust economic performance by the region´s main trading partner, the United States.