Brazil's Federal District to Improve Fiscal Management with $72.7 Million IDB Loan

December 01, 2022
Brazil's Federal District will modernize its fiscal management while enhancing its tax administration and public expenditure management with the help of a $72.7 million loan approved by the Inter-American Development Bank (IDB).  The financing is part of the $900 million PROFISCO II program, which was approved in 2017 to digitally transform and modernize fiscal management in Brazil's 26 states and the Federal District. 
2022-12-01

Business Conference Emphasizes Jamaica's Attractive Investment Opportunities

November 28, 2022
Jamaican authorities, private sector leaders, and experts said during the “Invest Jamaica 2022 Conference” that the country is a desirable investment destination due to its geographic location, investor-friendly business environment, and other competitive advantages.
2022-11-29

Honduras Inversiones to Promote Greater Transparency and Public Accountability

November 25, 2022
TEGUCIGALPA, Honduras – Today the Government of the Republic of Honduras, with the support of the Inter-American Development Bank (IDB), launched Honduras Inversiones, an interactive digital platform for transparency, participation and accountability in the use of public resources.
2022-12-01

Honduras to Host Important Event on Public Integrity in Latin America and Caribbean

November 21, 2022
On December 1 and 2, 2022, Tegucigalpa will host a major event on public integrity in Latin America and the Caribbean, organized by the Inter-American Development Bank (IDB), the Organisation for Economic Co-operation and Development (OECD), and the Government of Honduras.
2022-11-21

Ilan Goldfajn Elected IDB President

November 20, 2022
(Updated to add the starting date) Ilan Goldfajn was elected president of the Inter-American Development Bank (IDB) today during a Special Meeting of the Bank’s Board of Governors. The meeting was held at IDB Headquarters in Washington, D.C., with delegations attending virtually and in person. Nominated by Brazil, Goldfajn will take office for a five-year term on December 19, 2022.  
2022-11-20

Suriname to Strengthen Fiscal Sustainability, Growth with $150 Million IDB Budget Support

November 18, 2022
Suriname will strengthen its fiscal sustainability and foster economic growth with the budget support of $150 million from the Inter-American Development Bank (IDB). The funds will help the government to overhaul the tax collection system, boost public spending oversight and efficiency, improve fiscal planning and management, and strengthen the oversight of state-owned enterprises.
2022-11-18

Brazilian Municipality of Recife to Boost Fiscal Sustainability with IDB Support

November 08, 2022
The Inter-American Development Bank (IDB) approved a $104 million loan to bolster the efforts of the municipality of Recife, in northeastern Brazil, to achieve fiscal sustainability through increased tax collection, better budget and financial management, and more efficient spending. The operation is structured as a policy-based loan, the first ever granted to a Brazilian municipality, reflecting the close collaboration between IDB and the Brazilian government to strengthen subnational fiscal management.
2022-11-08

IDB Awards Public Innovations in Five Latin American Countries

October 26, 2022
Judges selected six innovative initiatives from five Latin America countries as the winners of the 8th Gobernarte –Pablo Valenti Award contest sponsored by the Inter-American Development Bank (IDB).
2022-10-26

IDB Backs Transparency and Integrity Program for Sustainable Development in Honduras

September 28, 2022
Honduras will use a $195 million loan from the Inter-American Development Bank (IDB) to tighten accountability, enhance government transparency, and boost the effectiveness of its integrity policies and corruption control systems. This operation will design and adapt an online data display platform to promote more transparent budgeting and public spending.
2022-09-28

Barbados Places Climate Financing Firmly on Agenda with IDB, Nature Conservancy Support

September 21, 2022
Barbados has completed a debt conversion for nature backed by a US$150 million guarantee from the Inter-American Development Bank (IDB) and The Nature Conservancy (TNC), allowing the country to reduce borrowing costs and use savings to finance a long-term marine conservation program. The unique deal underscores the country’s innovation in mainstreaming climate sustainability and biodiversity into its fiscal management agenda.
2022-09-21