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).
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.
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 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.
Tuesday, May 16, 2017 - 03:00
Violence in the Caribbean is highly concentrated in certain neighborhoods and demographic groups The Caribbean region needs to redirect its anti-crime efforts in favor of more interventions that are evidence-based and targeted at high-risk individuals and geographic areas, with improved monitoring of police and justice systems, a study by the Inter-American Development Bank recommends.
Lowering fiscal and external vulnerability the key to promoting growth in Central America and the Dominican Republic
Thursday, February 9, 2017 - 03:00
Regional IDB Governors meet in Washington to analyze economic prospects for 2017 The modest recovery in the United States and continuing favorable financial conditions in 2017 will also represent sources of economic stimulus throughout the year for the countries of Central America and the Dominican Republic, which will translate into growth of around 3.9 percent in 2017. Internal financial and monetary reforms should ensure price stability and the health of the banking system.
Jamaica to improve energy efficiency in government facilities, and to promote fuel conservation with better urban traffic management
Friday, December 16, 2016 - 03:00
The Inter-American Development (IDB) and the Japan International Cooperation Agency (JICA) will fund a $30 million project to promote electricity conservation in Jamaica by reducing electricity consumption, improving traffic flows in congested road corridors in the Kingston Metropolitan area, and enhancing the capacity of Jamaica’s Ministry of Energy to improve electricity sector planning.
Better governance and greater integration to determine fate of Latin America and the Caribbean in 2030
Thursday, December 1, 2016 - 03:00
New Atlantic Council report commissioned by IDB offers contrasting scenarios for crime, democracy, trade and economic growth The Atlantic Council today released "Latin America and the Caribbean 2030: Future Scenarios," a report commissioned by the Inter-American Development Bank (IDB) that looks at how the region's countries could evolve over the next 14 years, underscoring how more integration and better governance hold the key to greater prosperity.
Habitat III: Multilateral Development Banks from around the world collaborate to support ‘New Urban Agenda’
Tuesday, October 18, 2016 - 03:00
QUITO, Ecuador – In support of the ‘New Urban Agenda’ adopted this week during the UN-sponsored global Habitat III conference, eight Multilateral Development Banks (MDBs) are putting the Agenda’s words into action by issuing a “Joint Statement” expressing their commitment to promote equitable, sustainable, and productive urbanization and urban communities.
IDB President, experts to talk to members of media accredited to the Habitat III Conference in Quito, Ecuador
Saturday, October 15, 2016 - 03:00
Habitat, the main global conference on Housing and Sustainable Urban Development, is being held for the first time in Latin America The Inter-American Development Bank (IDB) will have a strong presence in the Habitat III Conference to be held in Quito, Ecuador, Oct. 17-20, 2016.