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

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.

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).

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. 

Brazilian states will boost tax revenues, improve competitiveness with PROFISCO II

Monday, December 11, 2017 - 19:00
IDB approves $900 million conditional credit line for the PROFISCO II program Ceará will be the first Brazilian state to benefit, with $70 million loan The Inter-American Development Bank (IDB) has approved a $900 million credit line to support Brazilian states’ efforts to modernize their fiscal management and improve tax administration and public spending management.

IDB supports Colombia’s efforts to fight and prevent corruption

Monday, December 11, 2017 - 19:00
Colombia will strengthen public surveillance and promote its institutions’ transparency and integration by boosting up the effectiveness of the Public Prosecutor's Office (PGN, after its Spanish initials) with help from a $40 million loan from the Inter-American Development Bank (IDB).

Mexican Government and IDB to invest $13.7 million to improve climate change mitigation and adaptation abilities in three cities

Wednesday, December 6, 2017 - 19:00
The funds, from a Global Environmental Facility grant, will be earmarked for cities participating in the Emerging and Sustainable Cities program  As part of the Global Environmental Facility’s (GEF) Sustainable Cities Pilot project, the Government of Mexico, assisted by the Inter-American Development Bank (IDB) in its capacity as a GEF implementing agency, will receive a $13.7 million grant that will be invested in actions to improve solid waste, clean energy production, and sanitation management in the

The IDB approves two loans to Argentina for a total of $220 million

Wednesday, November 29, 2017 - 10:10
The IDB will finance an infrastructure and road safety program in the Province of Buenos Aires and the implementation of Argentina’s National Financial Inclusion Strategy Road network capacity and safety in Argentina’s Buenos Aires Province