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.

The IDB and Mastercard launch a new Resource Center for Digital Transport in Cities

Thursday, February 21, 2019 - 11:10
The IDB and the Mastercard Center for Inclusive Growth launch a new Resource Center for Digital Transport  WASHINGTON, D.C. – A new Resource Center for Digital Urban Transport in Latin America has been founded, with the support of the Inter-American Development Bank and the Mastercard Center for Inclusive Growth.

Colombia issues first energy savings insurance policies

Wednesday, February 13, 2019 - 17:08
SMALL AND MEDIUM ENTERPRISES ACCESS TO POLICIES TO GUARANTEE ENERGY SAVING IN INVESTMENT PROJECTS FOR MORE EFFICIENT TECHNOLOGIES With the support of the Inter-American Development Bank, and in collaboration with BANCOLDEX, Colombia has become the first country in Latin America and the Caribbean to issue energy saving policies under the Energy Savings Insurance Program (ESI) in benefit of five small and medium-si

Experts share best practices to improve the integration of migrants into labor markets

Tuesday, February 5, 2019 - 14:40
Authorities from Germany, the United States and Sweden are taking part in the workshop Public Employment Agencies and International Labor Migration in Latin America, organized by the IDB. 

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

IDB study shows how Trinidad and Tobago can prevent crimes with innovative approach

Thursday, January 24, 2019 - 19:23
A recent new study shows how a program that uses a model to prevent the “transmission” of violence reduced violent crime by 45.1% in Trinidad and Tobago The Inter-American Development Bank (IDB) and the Arizona State University presented a study showing that treating violence as an epidemic and intervening to prevent  its transmission can be an effective tool to reduce violent crime.

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. 

The IDB and Microsoft strengthen collaboration to expand transparency through technology

Tuesday, January 22, 2019 - 19:32
The partnership will extend the MapaInversiones platform throughout Latin America and the Caribbean. MapaInversiones allows citizens to access information regarding public spending as a means of encouraging transparency. In a new phase of collaboration that seeks to promote trust among citizens, the Inter-American Development Bank (IDB) and Microsoft have strengthened their partnership to accelerate the expansion of MapaInversiones

Fintech activity in Latin America spreads to 18 countries

Thursday, January 17, 2019 - 09:12
1,166 FINTECH VENTURES HAVE BEEN IDENTIFIED, AN INCREASE OF 66 PERCENT COMPARED TO 2017 The report Fintech en América Latina 2018: crecimiento y consolidación (Fintech in Latin America 2018: Growth and Consolidation), published today by the Inter-American Development Bank and Finnovista, identified 1,166 financial technology startups (Fintech), a rise of 66% since the first study published by the two organizations in 2017.

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).