Guayaquil, Ecuador, to host the 2019 annual meeting of the IDB and IDB Invest

Wednesday, April 17, 2019 - 11:51
Washington, DC. The Board of Executive Directors of the Inter-American Development Bank (IDB) today approved a resolution whereby the city of Guayaquil, Ecuador, is selected to host the Annual Meeting of the Boards of Governors of the IDB and the Inter-American Investment Corporation (known as IDB Invest) on July 16 and 17, 2019.

IDB study estimates big GDP impacts from low infrastructure investments in Latin America

Monday, April 15, 2019 - 15:35
Growth in Latin American and Caribbean is sharply impacted by the failure to invest in infrastructure and the cost rises over time, according to a new report by the Inter-American Development Bank. The study looks at energy, transportation, telecommunications, and water and sanitation sectors in six countries indicative of the reality for the entire region: Argentina, Bolivia, Costa Rica, Chile, Jamaica and Peru.

Inter-American Development Bank Prices AUD 500 Million 5-Year ‘EYE’ Bond

Monday, April 15, 2019 - 13:07
The Inter-American Development Bank (“IADB” or “IDB”), rated Aaa/AAA (Moody’s/S&P), priced a new $500 million 5-year fixed rate Kangaroo offering under the Education, Youth, and Employment (“EYE”) Bond program.

Weaker global outlook trims Latin America and Caribbean growth prospects

Monday, April 15, 2019 - 12:49
Infrastructure investments seen as critical to help region overcome global headwinds A combination of economic shocks could lower growth in Latin America and the Caribbean by an annual average of up to 1.7 percent in 2019-2021 of GDP, according to the Inter-American Development Bank’s Macroeconomic Report, bringing the baseline growth rate from 2.5 percent to just 0.8 percent.

IDB highlights strengths of Central America in the face of external economic challenges

Wednesday, April 3, 2019 - 15:14
Two new studies on the region examine the current economic landscape and the work that the IDB Group has carried out over the last year. The economy of Central America and the Dominican Republic has continued to grow over the past year, although at significantly different rates depending on the country. For 2018, growth is estimated at 3.8 percent, a level similar to that of 2017, thanks to a robust economic performance by the region´s main trading partner, the United States.

Experts discuss new sanitation paradigm at Latinosan Conference

Monday, April 1, 2019 - 11:43
The Inter-American Development Bank is coordinating a series of discussions during the Fifth Latin American Sanitation Conference in Costa Rica, where representatives from various social sectors in Latin America and the Caribbean discuss the challenges of ensuring universal access to proper sanitation services for all. SAN JOSE, Costa Rica - Reaching the goal of providing safe and quality sanitation services for everyone in Latin America and the Caribbean requires a change of paradigm, focusing on service supply rather than on building infrastructure.

Latin America and the Caribbean: Public revenues rebound in 2017 after dip in 2016

Monday, March 25, 2019 - 18:12
SANTIAGO, Chile – The average tax-to-GDP ratio in Latin America and the Caribbean (LAC) rose to 22.8% in 2017, a gain of 0.2 percentage points from 2016, according to Revenue Statistics in Latin America and the Caribbean 2019.

IDB launches cartoon and illustration contest on the future of work

Monday, February 25, 2019 - 21:33
The competition seeks the most creative cartoonists and illustrators in Latin America and the Caribbean; entries accepted through March 31, 2019 The Inter-American Development Bank (IDB) announces the launching of its third edition of the Cartoon and Illustration Contest under the theme The Future of Work.

Sustainable growth, infrastructure focus of IDB Annual Meeting in Chengdu, China

Tuesday, February 19, 2019 - 15:05
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Quality expenditure and digitalization, priorities for Central America, Dominican Republic

Friday, February 15, 2019 - 23:41
The IDB brings regional Governors to its Washington, D.C. headquarters to consider policy options to speed up growth and reduce poverty The Governors of the Inter-American Development Bank’s (IDB), Central American Isthmus and the Dominican Republic held their 33rd Annual Meeting to discuss options to achieve higher growth rates and foster productive activities in the years to come. The region grew 3.8 percent in 2018, way above the 1.1 percent average for Latin America and the Caribbean as a whole. In addition, it is expected to grow 4.2 percent in 2019.