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.

Chile to improve and increase productive financing for MSMEs with IDB help

Wednesday, May 11, 2016 - 03:00
The Economic Development Agency will channel funds through non-banking financial intermediaries The Inter-American Development Bank (IDB) has approved a $120 million loan to help Chile improve and increase its supply of productive financing instruments for Micro, Small, and Medium-sized Enterprises (MSMEs). The lending is part of a package of measures recently announced by the Finance and Economy ministries aimed at boosting firm productivity.  

Inter-American Development Bank / World Bank / Caribbean Development Bank joint press release on International Monetary Fund staff-level agreement with Suriname

Friday, April 15, 2016 - 20:06
The Government of Suriname and the International Monetary Fund (IMF) have agreed on the key elements of an economic program that would be supported by a Stand-By Arrangement (SBA). A reform agenda was put forward by the Surinamese authorities to stabilize Suriname’s economy and to set the stage for its recovery.

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.

IDB launches new credit facility for banks to expand lending in high social impact sectors

Thursday, December 15, 2011 - 03:00
Chile’s BICE and Brazil’s Bicbanco are the first to tap into the IDB’s access2services facility The Inter-American Development Bank (IDB) has launched a new pilot credit facility for banks in Latin America to boost lending for high social impact sectors. Banco BICE SA of Chile and Brazil’s Banco Industrial e Comercial SA (Bicbanco) are the first financial institutions in the region to tap the resources of this facility to boost lending to health and education.

IDB approves loan to strengthen financial sector in Trinidad & Tobago

Monday, December 5, 2011 - 03:00
US$50 million to improve regulatory framework and supervision Trinidad and Tobago will strengthen its financial sector supervisory and regulatory framework with a US$50 million loan from the Inter-American Development Bank (IDB).

New IDB loans for Trinidad & Tobago total US$130 million for climate change and financial sector strengthening

Monday, December 5, 2011 - 03:00
The Inter-American Development Bank (IDB) approved a total of US$130 million for Trinidad and Tobago, including US$80 million for climate change measures and US$50 million to strengthen the financial sector.