IDB releases its 2010 Development Effectiveness Report

Wednesday, March 23, 2011 - 03:00
Report evaluates Bank’s efforts in measuring its development impact in Latin America and the Caribbean The Inter-American Development Bank (IDB) has made strides to boost transparency, accountability and enhance the development impact of its investments in Latin America and the Caribbean, according to the new edition of the IDB’s 2010 Development Effectiveness Overview.

Bolivia will improve its transportation system with IDB support

Wednesday, February 16, 2011 - 03:00
$15.8 million to finance technical support for the planning of Bolivia’s transportation infrastructure investments The Inter-American Development Bank (IDB) will assist the Bolivian government in the analysis and planning of investments in strategic infrastructure projects with a $15.8 million loan. 

IDB President will travel to Caribbean member countries

Friday, February 4, 2011 - 14:49
Luis Alberto Moreno will visit Barbados, Trinidad & Tobago and Suriname Inter-American Development Bank President, Luis Alberto Moreno, will visit three Caribbean IDB member countries next week to help strengthen the IDB’s contribution to the development effort throughout the region.

Report Underlines Value of Private Investment in Securing Haiti’s Growth

Friday, January 28, 2011 - 12:59
World Economic Forum launches new report: Private Sector Development in Haiti: Opportunities for Investment, Job Creation and Growth Haiti can achieve sustainable growth with the support of international private sector Businesses should consider investment opportunities in Haiti More information on the World Economic Forum Annual Meeting 2011: http://www.weforum.org DAVOS-KLOSTERS, Switzerland– Haiti can achieve GDP growth of 6-8% over the next decade, if the right public polic

Agricultural revenues, employment in Latin American tropical areas likely to decline with deforestation ban

Friday, January 28, 2011 - 12:16
Farmers in Latin America and Caribbean will see billions in lost revenue over the next two decades if a complete ban on deforestation is put in place, highlighting the need for compensatory actions to alleviate poverty in affected rural areas, according to new pilot study by the Inter-American Development Bank (IDB). The study also found that a deforestation ban would have a negligible impact on food prices.

Aid For Trade: Facilitating Development through Trade in the Caribbean

Friday, January 28, 2011 - 03:00
Member states of the Caribbean Community (CARICOM) gathered to assess how Aid for Trade (AfT) can facilitate the development of the small vulnerable economies of CARICOM. During an event sponsored by the CARICOM Secretariat, the World Trade Organization (WTO), and supported by the Inter-American Development Bank (IDB).

IDB launches second phase of public consultation to discuss strategy on Institutions for Growth and Social Welfare

Wednesday, January 26, 2011 - 03:00
The Inter-American Development Bank (IDB) announced the second phase of public consultations to discuss its draft strategy on Institutions for Growth and Social Welfare. As a key component of the Ninth General Capital Increase in the Resources of the IDB, the strategy will guide the Bank’s operational and analytical work to improve the institution’s impact on economic growth and social welfare.

Inter-American Development Bank and Standard Chartered Disburse First Trade Finance co-loan under the new $200 million Latin American Co-lending Partnership

Tuesday, January 25, 2011 - 03:55
The Inter-American Development Bank (IDB) and the Standard Chartered Bank (SCB) disbursed the first co-loan of the recently signed Latin American Trade Co-lending Partnership (TCLP). The $10 million, 360-day trade finance loan to Banco Industrial e Comercial S.A. (BICBANCO) will facilitate the flow of consumer goods from Brazil to Germany. This is the first of many trade finance loans expected to be disbursed under the partnership.

IDB’s MIF makes $4 million grant for youth training in Haiti

Wednesday, January 19, 2011 - 03:00
The Multilateral Investment Fund (MIF) of the Inter-American Development Bank (IDB)announced a $4 million grant for a project to provide job training to 9,000 unemployed and out-of-school young Haitians.

IDB President Moreno statement on the anniversary of Haiti’s earthquake

Tuesday, January 11, 2011 - 03:00
On the eve of the first anniversary of the Jan. 12, 2010 earthquake in Haiti, Inter-American Development Bank President issued the following statement: “One year ago Haiti suffered the worst natural disaster in the history of the Western Hemisphere, a catastrophe on a scale that would have brought any country in the world to its knees. On top of the tragic loss of more than 230,000 lives, the earthquake was a staggering setback for a nation that was starting to make progress in its fight against poverty.