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.

Remittance Flows Up in Central America and Caribbean, Down in Mexico and South America

Tuesday, June 10, 2014 - 03:00
MIF study outlines 2013 trends, continued importance of flows for the Region In 2013, remittances to Central America and the Caribbean increased over the previous year while remittance flows to South America and Mexico declined, resulting in flat growth for the region as a whole, according to a new report from the Multilateral Investment Fund (MIF), a member of the Inter-American Development Bank (IDB) Group.

IDB Vice President Roberto Vellutini Speaks at the 2013 Caribbean Forum on Sustainable Growth

Thursday, September 19, 2013 - 12:42
Discusses link between regions and fiscal challenges and its energy matrix

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.

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.

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.

Report: weak dollar, inflation blunting purchasing power of remittances

Monday, March 14, 2011 - 03:00
After stabilizing in 2010, money transfers to Latin America and the Caribbean are poised to rise this year, according to the MIF Remittances to Latin America and the Caribbean are likely to rise this year after stabilizing during 2010, although a weaker dollar and higher inflation are reducing their purchasing power in many countries, according to the Inter-American Development Bank’s Multilateral Investment Fund (MIF).