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 reaffirms commitment to urban transportation in Quito with new loan

Friday, April 27, 2018 - 17:39
The Inter-American Development Bank (IDB) has approved a $250 million loan to help build a metro line in the capital city of Quito, Ecuador. This operation, which adds to a $200 million loan approved in December 2012, is testimony to the commitment of the IDB to support sustainable urban mobility projects in areas under pressure to meet growing demands for an efficient public transportation system.

Introducing the winners of the ALAS-IDB 2017 Awards

Thursday, November 9, 2017 - 19:00
In a highly competitive edition, among the winners of the awards that celebrate educational innovation for early childhood development we find Brazil, Colombia and Guatemala. Washington, DC, Nov 9.

Chile to boost global export services with IDB support

Wednesday, November 8, 2017 - 19:00
Loan of $27 million will help diversify exports, create jobs and stimulate foreign direct investment in the sector The Inter-American Development Bank has approved a $27 million loan to contribute to the development of the global export services sector in Chile. The funds are designed to help improve human resources skills and generate jobs, exports and foreign direct investment in this sector, one of the most dynamic in world trade.

IDB Group and Civil Society discuss sustainable development challenges in Latin America and the Caribbean

Tuesday, November 7, 2017 - 19:00
More than 500 civil society representatives from 26 nations and international experts share knowledge on innovation from the perspective of future jobs, intelligent cities, the digital economy and social innovation SANTA CRUZ, Bolivia – More than 500 representatives from Latin American and Caribbean Civil Societies organizations met in Santa Cruz, Bolivia, with senior Inter-American Development Bank (IDB) officials to discuss ways to put innovation at the service of sustainable development.

More than 3,000 business meetings held at LAC Flavors Argentina 2017

Tuesday, November 7, 2017 - 19:00
Buenos Aires, Argentina- More than 560 food exporting companies from Latin America and the Caribbean (LAC) met with 120 international buyers from five continents at LAC Flavors 2017, where they closed transactions valued at a projected amount of $152 million, according to preliminary data from the Inter-American Development Bank (IDB).

Shakira and the Inter-American Development Bank President present the ALAS-IDB 2016 Awards finalists

Monday, October 16, 2017 - 03:00
Washington, DC, Oct. 16.- Inter-American Development Bank (IDB) President Luis Alberto Moreno, international artist and education activist Shakira and the ALAS Foundation are joining forces again to recognize and reward the early-childhood education improvement and innovation champions in our region.

Finance Ministers discuss priorities to reactivate growth

Wednesday, October 11, 2017 - 03:00
In order to sustain economic recovery, region needs to implement financial inclusion and trade integration policies WASHINGTON DC – Finance Ministers from Latin America and the Caribbean and senior officials from the Inter-American Development Bank (IDB), the International Monetary Fund (IMF), the World Bank (WB) and the U.S. Treasury Department met today at the IDB’s headquarters to discuss policy options to promote inclusive financial systems and deeper regional integration to help strengthen economic growth prospects.

Latin America and the Caribbean faces critical skills gap, IDB study finds

Wednesday, August 30, 2017 - 03:00
· Despite spending more than 5% of GDP on education and skills programs, region lags many peer nations · Government actions key to forming workforce capable of dealing with future challenges MEXICO CITY, Mexico - Despite well-intentioned efforts, many government programs fail to provide Latin American and Caribbean children and adults with the skills they need to thrive, the Inter-American Development Bank’s 2017 flagship study finds.