Millennials have potential that Latin America and Caribbean must not squander, says study

Thursday, November 22, 2018 - 15:39
Young people in Latin America and the Caribbean have weak cognitive skills but their socio-emotional abilities are strong, according to the study “Millennials in Latin America and the Caribbean: to work or to study?” The report, which is the result of research drawing on more than 15,000 people in nine countries, also found a high level of optimism and aspiration in this new generation of workers. Young people in Latin America and the Caribbean have great potential but it could end u

Authorities will analyze in Panama Digital Government Agenda in the region

Monday, November 12, 2018 - 09:28
The 5th E-Government Ministerial Meeting and the 12th Red GEALC Annual Meeting will be held November 15-16 and bring together 23 countries from Latin America and the Caribbean, as well as representatives of Republic of Korea, Estonia, the United Kingdom, Portugal and Italy The 5th E-Government Ministerial Meeting of Latin America and the Caribbean and the 12th Annual Meeting of the Network of E-Government Leaders of Latin America and the Caribbean (Red GEALC) will be held November 15-16, 2018 in Panama City.

Fintech activity in Latin America spreads to 18 countries

Wednesday, November 7, 2018 - 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.

IDB bolsters Barbados’ macroeconomic emergency program

Tuesday, November 6, 2018 - 10:26
THE $100 MILLION LOAN IS INTENDED TO SUPPORT RESTORING BARBADOS’ ECONOMIC STABILITY, PROMOTE GROWTH, AND IMPLEMENT REFORMS Relying upon a $100 million loan from the Inter-American Development Bank (IDB), the Government of Barbados seeks to regain macroeconomic stability, implement fiscal adjustment measures that foster a sustainable fiscal balance in the short and medium term, and protect social spending programs for the most vulnerable Barbadians.

IDB selects startups to participate in Demand Solutions Chile

Monday, November 5, 2018 - 15:49
11 startups from Latin America and the Caribbean will compete for the most innovative title in December Washington, D.C. -  Design, multimedia and exports of creative services are some of the thematic areas related to the startups selected to participate this year in Demand Solutions Santiago, which will take place on December 11 at the CorpArtes theatre, in the Chilean Metropolitan Region.

IDB and NTT Data partner to promote open innovation and digital transformation

Tuesday, October 30, 2018 - 13:01
The Inter-American Development Bank (IDB) and NTT Data today announced they will work together on topics related to open innovation and digital transformation in Latin America and the Caribbean. The multilateral development lender and the leading IT services provider signed a Memorandum of Understanding, under which they agreed to help Latin American and Caribbean organizations and entrepreneurs prepare for an increasingly digital future. The agreement was signed during the FOROMIC event in Barranquilla, Colombia.

$285M contingent loan from the IDB helps Jamaica get disaster ready

Wednesday, October 24, 2018 - 12:39
THE NEXT TIME A NATURAL DISASTER STRIKES, JAMAICA WILL BE BETTER PREPARED A $285 million contingent loan from the Inter-American Development Bank (IDB) will bolster the nation’s response efforts and help protect its public purse.

Multilateral banks reaffirm pledge to support resilient, sustainable infrastructure

Saturday, October 13, 2018 - 16:41
IDB President Luis Alberto Moreno participates in the opening session BALI, Indonesia - The heads of the leading multilateral development banks (MDBs) meeting at the Global Infrastructure Forum 2018 (GI Forum) today expressed their condolences following the tragic loss of lives and livelihoods in Sulawesi, Indonesia and reaffirmed their commitment to work together to deliver infrastructure that is resilient, inclusive, and sustainable.

Government spending waste costs Latin America and Caribbean 4.4% of GDP: IDB study

Monday, September 24, 2018 - 15:05
Inefficiencies and fraud in procurement, civil service and targeted transfers could be as large as $220 billion a year Report includes policy recommendations to improve spending in healthcare, education, infrastructure and public safety

IDB launches report detailing steps to help avoid social conflicts

Monday, September 10, 2018 - 16:02
A new report by the Inter-American Development Bank (IDB) identifies ten key elements that can help projects improve their sustainability and reduce potential social conflicts, from proper community engagement and legal foundations to adequate monitoring of results.