Standard & Poor’s affirms IDB’s AAA/A-1+ ratings and upgrades SACP to ‘aaa’ from ‘aa+”

Friday, February 22, 2019 - 17:51
Standard & Poor’s has affirmed the Inter-American Development Bank’s ‘AAA’ long-term and ‘A-1+’ short-term issuer credit rating with a stable outlook. Also, following a review under the revised criteria for multilateral lending institutions, the IDB’s stand-alone credit profile was upgraded from ‘aa+’ to ‘aaa’, due to its extremely strong enterprise risk profile and very strong financial risk profile.

Norway confirms long-lasting support to IDB Transparency Fund

Wednesday, January 30, 2019 - 13:10
The Government of Norway has contributed to the Inter-American Development Bank’s (IDB) Transparency Fund since its inception in 2007, to help countries curb corruption and implement pro-transparency reforms in Latin America and the Caribbean (LAC). In 2018, the government of Norway donated an additional $1,1 million.

Latin America & Caribbean will need 23 million health and education professionals by 2040

Tuesday, January 29, 2019 - 12:53
A new IDB study from the series The future of work in Latin America and the Caribbean estimates that the region will need 12 million teachers, 3 million doctors and 8 million nurses by the year 2040. The study also highlights that jobs in education and health are good

Eric Parrado appointed as new chief economist for the IDB

Wednesday, January 23, 2019 - 16:01
The Inter-American Development Bank announced today that starting March 1 Eric Parrado Herrera will take over as the new chief economist and general manager of the IDB’s Research Department. A Chilean national, Parrado is Professor of Economics and Finance at the ESE Business School of Universidad de los Andes in Santiago, Chile, and visiting professor at the University of Oxford and the Central European University. 

IDB launches 2019 Call for Proposals to finance regional projects in Latin America

Wednesday, January 16, 2019 - 10:27
THE DEADLINE FOR ACCEPTING PROPOSALS FOR REGIONAL PUBLIC GOODS IS MARCH 1ST, 2019 The Inter-American Development Bank (IDB) launched the 2019 Call for Proposals for the Regional Public Goods (RPG) Initiative in Latin America and the Caribbean (LAC), which supports projects involving three or more countries.

Latin American and Caribbean exports rise but at a slower rate

Thursday, January 10, 2019 - 12:13
Exports from Latin America and the Caribbean hit their highest level in six years thanks to a 9.9 percent increase in 2018, albeit amid growing downside risks in the future, according to a new report by the Inter-American Development Bank. The region exported $1.08 trillion last year. While this is the highest level since record exports in 2012, the rise fell short of the 12.2 percent growth rate for 2017. The region’s performance also lagged a worldwide trade increase of 11.6 percent for the Jan-Sept period (compared to the same period the previous year).

IDB trains consular officials from Central America's Northern Triangle

Thursday, December 20, 2018 - 16:42
The Program to Enhance Consular Training concluded in Washington D.C., after drawing participants from officials stationed in 17 US cities The Inter-American Development Bank (IDB) held a workshop at its headquarters that concluded the Program to Enhance Consular Training, which has been underway since last June and reached more than 150 consular officials posted in the United States.

IDB and CDB to expand the Sustainable Energy Facility (SEF) for the Eastern Caribbean

Monday, December 17, 2018 - 11:21
US$ 85.6 million programme will fund geothermal power and institutional capacity projects in five Eastern Caribbean nations The Sustainable Energy Facility for the Eastern Caribbean (SEF-Expanded) is designed to reduce the financial, technical, and institutional barriers to geothermal energy development in five Eastern Caribbean nations.  It will also aid in institutional strengthening and capacity building for those five governments and in partnering with the Caribbean Development Bank (CDB).

Inter-American Development Bank approves loans for Bolivia and Honduras

Wednesday, December 12, 2018 - 15:12
The Inter-American Development Bank (IDB) approved today two operations for projects on water and sanitation in Bolivia and emergency health care in Honduras. The press releases issued with details on the projects, the amounts and payment terms, are as follows: 

Bolivia to improve mid-sized cities water and sanitation services with IDB assistance

Wednesday, December 12, 2018 - 14:50
$79 million project will provide new or enhanced drinking water and sanitation services to more than 44,000 homes Bolivia will launch in 2020 a project to expand and improve drinking water and sanitation services with help from a $79 million loan approved today by the Inter-American Development Bank’s Board of Directors.