IDB to join new Caribbean Climate-Smart Accelerator to facilitate $1bn of investments

Thursday, August 9, 2018 - 10:23
Backed by 26 Caribbean governments and the private sector, the Accelerator will fast-track investments which support climate action and economic growth    The Inter-American Development Bank announced today that it will partner with the Caribbean Climate-Smart Accelerator to program and implement the additional $1 billion in funds that it pledged for climate smart-investments across the Caribbean region at the Paris One Planet summit on December 12, 2017.

Digitization of transactional public services would reduce red tape and corruption, save money in Latin America and the Caribbean

Monday, June 11, 2018 - 12:47
New IDB report recommends focusing on citizen experience interacting with government, investing in online services to benefit citizens, businesses and public sector institutions Digital transactional public services (“transactions”) take 74% less time than face-to-face transactions, cost much less and reduce corruption; nevertheless, in Latin America and the Caribbean there is still little investment to offer transactions online. The result? Citizens, firms and public institutions lose time, money and productivity.

Latin America and Caribbean single free trade agreement would reap $11 billion windfall, IDB study shows

Tuesday, May 29, 2018 - 14:22
Report urges action by major regional economies Argentina, Mexico and Brazil, amid challenging trade environment Latin America and the Caribbean could add an additional $11 billion in annual trade flows by blending 33 separate agreements into a single regional free trade bloc, according to a study by the Inter-American Development Bank (IDB).

IDB report underscores social benefits of sports for development but warns against program design flaws

Friday, May 25, 2018 - 09:23
Latin American and Caribbean region lags in sports spending, activity levels Latin American and Caribbean region could get a development boost from sports activities that improve the region’s social and health benefits, provided the programs are properly designed and monitored, according to a report by the Inter-American Development Bank.

Business Forum brings together private and public sector leaders to promote infrastructure investment and integration

Friday, March 23, 2018 - 10:41
Argentine ministers and Mendoza governor take part in event held ahead of IDB Annual Meeting MENDOZA, Argentina – The III Business Forum opened today with the participation of nearly 900 business leaders and government officials from 30 countries, who convened to discuss an ambitious agenda focused on boosting investments in infrastructure, promoting regional economies, and speeding up regional integration in Latin America and the Caribbean.

Honduras, Nicaragua, El Salvador and Belize achieve substantial progress in the health of their most vulnerable populations

Wednesday, February 28, 2018 - 12:01
Encouraging results in the improvement of quality and in health care of the poorest women and children of Mesoamerica were presented today by the Salud Mesoamérica Initiative in Washington.

Authorities, experts and business leaders to discuss future of cities, economic growth and investment at IDB Annual Meeting in Mendoza

Monday, February 26, 2018 - 08:17
The media accreditation form is available for journalists The Inter-American Development Bank Group will hold its Annual Meeting in Mendoza, Argentina on March 22-25, with the participation of authorities and leaders from the public and private sectors.

New IDB macroeconomic report analyzes the current situation in Central America, Panama, and the Dominican Republic

Thursday, February 22, 2018 - 06:33
The big challenge is to strengthen inclusive growth and reduce poverty Economic growth in Central America, Panama and the Dominican Republic followed a positive path in 2017, with 3.8 percent expansion, although this scenario failed to produce significant improvement in poverty alleviation and income distribution. Amidst growing uncertainty over the path of the global economy, authorities in the region would do well to adopt actions and policies to foster inclusive development.

Job growth, increased saving keys to sustained and inclusive growth in Central America and the Dominican Republic

Tuesday, February 20, 2018 - 13:05
IDB hosts regional Governors in Punta Cana to review opportunities for growth and investment PUNTA CANA, Dominican Republic - The Governors for the Inter-American Development Bank’s member countries in the Central American isthmus and the Dominican Republic gathered at their 32nd Annual Meeting February 20-21 to discuss formulas for achieving inclusive economic growth, managing vulnerability to natural disasters and harnessing disruptive technologies to increase productivity and spur investment.

Italy to contribute to IDB Transparency Fund

Wednesday, January 24, 2018 - 13:47
Italy is joining Norway, Canada and MasterCard as a partner and contributor to the Inter-American Development Bank’s Transparency Fund , a vital tool to help countries strengthen their anti-corruption and pro-transparency reforms. The government of Italy has donated €1 million.