Lowering fiscal and external vulnerability the key to promoting growth in Central America and the Dominican Republic

Thursday, February 9, 2017 - 03:00
Regional IDB Governors meet in Washington to analyze economic prospects for 2017 The modest recovery in the United States and continuing favorable financial conditions in 2017 will also represent sources of economic stimulus throughout the year for the countries of Central America and the Dominican Republic, which will translate into growth of around 3.9 percent in 2017. Internal financial and monetary reforms should ensure price stability and the health of the banking system.

Better management of tight budgets could help Latin American and Caribbean governments to raise living standards - OECD/IDB

Tuesday, December 6, 2016 - 03:00
SANTIAGO, Chile – Governments in Latin America will need to improve public sector management and capacity – including budget allocation – to compensate for the pressure on public finances from sliding commodity prices, according to a new report by the OECD and Inter-American Development Bank covering more than 15 countries in the region.

Finance ministers discuss deeper regional integration to stimulate growth and development in LAC

Wednesday, October 5, 2016 - 03:00
Latin America and the Caribbean is urged to implement a bold integration agenda Finance ministers of the Americas and the Caribbean, and the heads of the Inter-American Development Bank, International Monetary Fund, the World Bank and the U.S. Department of Treasury met today at the IDB to discuss policy options for relaunching regional integration to stimulate growth and contribute to long-term development in the region.

Nicaragua to improve productivity with IDB support

Friday, May 30, 2014 - 03:00
$45 million loan will improve the country’s business climate and competitiveness The Inter-American Development Bank (IDB) has approved $45 million loan to help improve productivity in Nicaragua.

Nicaragua improves ability to respond to natural disasters with IDB support

Wednesday, November 27, 2013 - 10:30
$186 million contingent loan will help country with earthquakes, floods, and hurricanes The Inter-American Development Bank (IDB) has approved a $186 million contingent loan to help Nicaragua mitigate the impact that severe or catastrophic natural disasters could have on its public finances.

IDB supports innovative rent-to-own pilot housing program in Nicaragua

Thursday, May 17, 2012 - 03:00
The loan will finance a pilot program to expand mortgage lending for low-income, informally employed Nicaraguans The Inter-American Development Bank (IDB) today approved a $10 million loan to Banco de Finanzas S.A. (BDF), a leading commercial bank in Nicaragua, to finance a pilot housing project that will pave the way for low-income families working in the informal sector to get access to mortgage financing.

Report: remittances to Latin America and the Caribbean rose to $61 billion in 2011

Thursday, March 8, 2012 - 15:18
MIF’s annual analysis of migrants’ money transfers shows year-on-year growth of 6% Latin American and Caribbean migrants sent $61 billion in remittances to their home countries last year, up 6 percent from $57.6 billion in 2010, according to a report released today by the Multilateral Investment Fund (MIF), a member of the Inter-American Development Bank group.

Itaú BBA gets $100 million IDB loan to finance green projects in Latin America

Friday, February 17, 2012 - 03:00
Banco Itaú BBA SA will get a loan of up to $100 million from the Inter-American Development Bank (IDB) to finance environmentally friendly projects in Brazil, Chile, Colombia, Paraguay, Peru and Uruguay.

Free Online Tool Empowers Senders of Remittances

Thursday, February 2, 2012 - 03:00
CEMLA, MIF/IDB and World Bank Launch enviacentroamerica.org To Make Costs and Conditions of Remittances More Transparent

Peru’s BanBif gets $20 million subordinated loan from the IDB to boost mortgage lending

Monday, January 30, 2012 - 03:00
IDB financing to support BanBif’s business strategy to target middle-income markets The Inter-American Development Bank (IDB) closed and disbursed a $20 million subordinated loan to Banco Interamericano de Finanzas of Peru (BanBif) that will pave the way for increased mortgage lending.