Government spending waste costs Latin America and Caribbean 4.4% of GDP: IDB study

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

Barranquilla, Colombia to host Foromic 2018

Thursday, August 30, 2018 - 17:39
The Colombian city of Barranquilla will host the leading event on financial inclusion and business development trends in Latin America and the Caribbean The IDB Group, through its innovation lab MIF, will hold the 21st edition of Foromic, the most important annual event on financial inclusion and business development in the Latin American and Caribbean region.

Artificial intelligence to boost Latin American and Caribbean economies: IDB study

Wednesday, August 29, 2018 - 11:43
Study also urges governments to anticipate consequences of artificial intelligence in labor markets BUENOS AIRES – Artificial intelligence can facilitate trade negotiations and add one additional percentage point of growth to Latin American and the Caribbean economies, according to a study by the Inter-American Development Bank (IDB).

Suriname to improve health services’ delivery with IDB support

Wednesday, August 29, 2018 - 10:45
$20 million loan will help Suriname’s health sector to deal with challenges posed by non-communicable and communicable diseases The Inter-American Development Bank (IDB) today approved a $20 million loan which will improve access to high-quality, well-integrated primary care services as well as enhance the effectiveness of Suriname’s health sector to address priority epidemiological challenges throughout the country.

Colombia, Mexico, Brazil and Argentina win the Gobernarte 2018 Award with innovative ideas

Wednesday, August 29, 2018 - 09:36
The fifth edition of the "Gobernarte - Premio Eduardo Campos" contest of the Inter-American Development Bank (IDB), identified innovative ideas in the area of citizen participation and digital citizenship from the subnational governments of Bogotá, Colombia; Puebla, Mexico; Sao Paulo, Brazil; and Cordoba, Argentina.

IDB to join new Caribbean Climate-Smart Accelerator to facilitate $1bn of investments

Thursday, August 9, 2018 - 10:23
Backed by 26 Caribbean governments and the private sector, the Accelerator will fast-track investments which support climate action and economic growth    The Inter-American Development Bank announced today that it will partner with the Caribbean Climate-Smart Accelerator to program and implement the additional $1 billion in funds that it pledged for climate smart-investments across the Caribbean region at the Paris One Planet summit on December 12, 2017.

IDB opens registration for innovation and creative economy event in Chile

Wednesday, August 8, 2018 - 10:54
Demand Solutions lands in Santiago on December 11 to highlight the impact of the Orange Economy in the region The Inter-American Development Bank (IDB) has opened the registration for Demand Solutions, the largest event on innovation and entrepreneurship in Latin America and the Caribbean, to be held this year in Santiago, Chile on December 11th.

The Bahamas encourage competitiveness by cutting red tape costs through digital governance with IDB support

Thursday, June 28, 2018 - 08:44
A $30 million loan is designed to ease red tape for citizens, businesses and facilitate the flow of information shared by government institutions in a transparent fashion  The Bahamas will boost competitiveness by reducing the time and cost of carrying out administrative procedures with the government, by encouraging digital transformation of the public sector with a $30 million loan from the Inter-American Development Bank (IDB).

MERCOSUR Exports Increase as the Bloc’s Integration Strategy Is Revitalized

Tuesday, February 27, 2018 - 09:09
BUENOS AIRES - Exports of the MERCOSUR bloc grew by 13.8% in 2017 amidst efforts to modernize the integration agreement, according to a report published by the Institute for the Integration of Latin America and the Caribbean (INTAL), part of the Integration and Trade Sector at the Inter-American Development Bank (IDB). This is the first time that MERCOSUR’s external sales have gone up in five years.

Italy to contribute to IDB Transparency Fund

Wednesday, January 24, 2018 - 13:47
Italy is joining Norway, Canada and MasterCard as a partner and contributor to the Inter-American Development Bank’s Transparency Fund , a vital tool to help countries strengthen their anti-corruption and pro-transparency reforms. The government of Italy has donated €1 million.