El Salvador to offer greater investment in energy efficiency with IDB support

Thursday, July 26, 2018 - 12:19
$20 million loan to improve energy efficiency in Small and Medium-sized enterprises El Salvador will expand the availability of financing to Small and Medium Enterprises (SMEs) for investment projects in energy efficiency, with a $20 million loan from the Inter-American Development Bank (IDB).

IDB launches study to help governments improve national statistics

Tuesday, June 19, 2018 - 16:05
New IDB study presents recommendations to strengthen statistical capacity, based on the experiences of 10 countries in Latin America Statistics are an essential input for decision making and the design of good public policies. For that reason, the countries of Latin America and the Caribbean should invest in the strengthening of their National Statistics Offices (NSO), according to a new study by the Inter-American Development Bank (IDB).

IDB Invest and Banco Agrícola partner to increase financing for SME in El Salvador

Wednesday, June 13, 2018 - 15:36
IDB Invest, the private sector institution of the Inter-American Development Bank (IDB) Group, has signed a loan of up to $30 million with Banco Agrícola in El Salvador. The objective of the project is to increase access to financing for small and medium enterprises (SME) in the country.  

El Salvador to strengthen fiscal management and promote inclusive growth with IDB support

Wednesday, June 13, 2018 - 09:12
US$350 million financing will support measures to strengthen public spending management El Salvador will strengthen its fiscal management and protect public investment and the financing of social programs to promote inclusive growth with help from a US$350 million policy support program from the Inter-American Development Bank.

Digitization of transactional public services would reduce red tape and corruption, save money in Latin America and the Caribbean

Monday, June 11, 2018 - 12:47
New IDB report recommends focusing on citizen experience interacting with government, investing in online services to benefit citizens, businesses and public sector institutions Digital transactional public services (“transactions”) take 74% less time than face-to-face transactions, cost much less and reduce corruption; nevertheless, in Latin America and the Caribbean there is still little investment to offer transactions online. The result? Citizens, firms and public institutions lose time, money and productivity.

Latin America and Caribbean single free trade agreement would reap $11 billion windfall, IDB study shows

Tuesday, May 29, 2018 - 14:22
Report urges action by major regional economies Argentina, Mexico and Brazil, amid challenging trade environment Latin America and the Caribbean could add an additional $11 billion in annual trade flows by blending 33 separate agreements into a single regional free trade bloc, according to a study by the Inter-American Development Bank (IDB).

IDB salutes Central American nations’ progress towards forming a Regional Electricity Market

Wednesday, April 18, 2018 - 23:57
The Inter-American Development Bank (IDB) yesterday hosted a meeting of Energy Ministers and senior regional regulatory agency officials from the Regional Electricity Market (MER) comprising Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua and Panama, along with representatives from the U.S. State Department and the Government of Mexico.

Honduras, Nicaragua, El Salvador and Belize achieve substantial progress in the health of their most vulnerable populations

Wednesday, February 28, 2018 - 12:01
Encouraging results in the improvement of quality and in health care of the poorest women and children of Mesoamerica were presented today by the Salud Mesoamérica Initiative in Washington.

New IDB macroeconomic report analyzes the current situation in Central America, Panama, and the Dominican Republic

Thursday, February 22, 2018 - 06:33
The big challenge is to strengthen inclusive growth and reduce poverty Economic growth in Central America, Panama and the Dominican Republic followed a positive path in 2017, with 3.8 percent expansion, although this scenario failed to produce significant improvement in poverty alleviation and income distribution. Amidst growing uncertainty over the path of the global economy, authorities in the region would do well to adopt actions and policies to foster inclusive development.

Job growth, increased saving keys to sustained and inclusive growth in Central America and the Dominican Republic

Tuesday, February 20, 2018 - 13:05
IDB hosts regional Governors in Punta Cana to review opportunities for growth and investment PUNTA CANA, Dominican Republic - The Governors for the Inter-American Development Bank’s member countries in the Central American isthmus and the Dominican Republic gathered at their 32nd Annual Meeting February 20-21 to discuss formulas for achieving inclusive economic growth, managing vulnerability to natural disasters and harnessing disruptive technologies to increase productivity and spur investment.