CDB, IDB sign agreement to strengthen partnership

Wednesday, February 22, 2017 - 03:00
The Caribbean Development Bank (CDB) and the Inter-American Development Bank (IDB) signed a memorandum of understanding (MOU) to strengthen their ongoing partnership in addressing the Caribbean’s development priorities.

Crime exacts steep social, public and private costs in Latin America and Caribbean: IDB study

Friday, February 3, 2017 - 03:00
Annual costs of crime and violence estimated at $261 billion for region; impacts vary among and within countries Violence and crime impacts much higher than for developed nations Report calculates foregone income of murder victims, imprisoned individuals A study by the Inter-American Development Bank (IDB) estimates the direct annual cost of crime and violence in Latin America and the Caribbean at $261 bill

The Bahamas to improve airport infrastructure with IDB support

Wednesday, January 25, 2017 - 03:00
A $35 million loan will enhance the connectivity of four airports on the Family Islands The Inter-American Development Bank (IDB) has approved a $35 million loan designed to improve infrastructure at four airports on the Family Islands, as The Bahamas' less developed outer islands are known. The loan will contribute to the archipelago's regional and international integration through upgrades at the airports of Exuma, North Eleuthera, Marsh Harbour and Treasure Cay.

Latin American and Caribbean exports will contract around 50 billion dollars in 2016

Monday, December 12, 2016 - 03:00
A new report by the IDB points to a lower rate of export contraction due to the stabilization of commodity prices Latin American and Caribbean exports are expected to fall approximately $50 billion, or 6 percent, in 2016, a lower contraction rate than the 15 percent observed in 2015. This relative improvement was mainly due to a rebound of commodity prices, according to a report conducted by the Inter-American Development Bank (IDB) using detailed data for 24 countries in the region. The value of total exports should reach $850 billion in 2016.

Better governance and greater integration to determine fate of Latin America and the Caribbean in 2030

Thursday, December 1, 2016 - 03:00
New Atlantic Council report commissioned by IDB offers contrasting scenarios for crime, democracy, trade and economic growth The Atlantic Council today released "Latin America and the Caribbean 2030: Future Scenarios," a report commissioned by the Inter-American Development Bank (IDB) that looks at how the region's countries could evolve over the next 14 years, underscoring how more integration and better governance hold the key to greater prosperity.

Bolivia to improve rain water drainage in La Paz and El Alto with IDB support

Wednesday, November 23, 2016 - 03:00
Bolivia will upgrade its rain water drainage systems in the cities of La Paz and El Alto with a $30 million loan from the Inter-American Development Bank (IDB), benefiting 16,000 households. In La Paz alone, with its population of 800,000, the authorities estimate that landslides and floods in the rainy season cost around $27 million a year, including spending for emergencies, clean-up work, rebuilding infrastructure and losses in the private sector.

Bolivia to increase farm productivity with IDB loan

Tuesday, November 22, 2016 - 03:00
Bolivia will boost productivity in its agricultural and livestock sector with a $25 million loan from the Inter-American Development Bank (IDB). The project is designed to reduce losses from pests and disease, enhance access to export markets and improve sanitary conditions. It will benefit rural producers, members of the main farm production chains and Bolivian consumers.

The trade slowdown in Latin America and the Caribbean is more intense than in the rest of the world

Thursday, November 17, 2016 - 03:00
South American and Caribbean countries were the most affected. Following two years in a downward trajectory, the value of Latin American exports fell 14.8 percent in 2015, and 8.5 percent in the first seven months of 2016, according to the Trade and Integration Monitor 2016 of the Inter-American Development Bank.

Civil Society Groups and the IDB debate best path for sustainable Development in Latin America and the Caribbean

Tuesday, November 8, 2016 - 03:00
More than 400 representatives of non-governmental organizations and the private and public sectors meet for two-day forum in the Dominican Republic ***Watch the proceedings via Livestream Nov. 8-9***

The Bahamas will improve skills-based training programs to boost employment and productivity with assistance from the IDB

Wednesday, November 2, 2016 - 03:00
Program aims to increase the job prospects of unemployed youth and adults, and provide companies with skilled Bahamian workers  The Inter-American Development Bank (IDB) and the Government of the Bahamas are partnering in a new jobs initiative to increase workplace skills and improve employability among young people and adults who have had difficulty finding work.