June 14, 2022
Inter-American Development Bank (IDB) President Mauricio Claver-Carone and Brazilian Deputy Minister of Economy Marcelo Guaranys signed a commitment to broaden technical support for the Brazilian Ministry of Economy to align its policies with the best practices of OECD countries. A recent IDB study outlines efforts the Ministry has undertaken that follow OECD practices and contribute to the country's efforts to accede.
June 14, 2022
The Brazil Investment Forum (BIF) highlights the country’s biggest economic opportunities, including over $7.8 billion in nearshoring potential. IDB President Mauricio Claver-Carone opened the two-day event, featuring nine panels and a session led by the IDB Group.
June 09, 2022
The Inter-American Development Bank (IDB) and the Government of France, through the French Development Agency (AFD), to continue expanding their productive partnership in LAC. The IDB-AFD joint pipeline for 2022 has identified areas of collaboration of $593 million for the private sector and over $1.5 billion in sovereign guaranteed operations in Costa Rica, Dominican Republic, Colombia, and Ecuador.
March 17, 2022
Agence Wallonne à l’Exportation et aux Investissements Etrangers (AWEX) has contributed $2 million to support IDB’s Amazon Initiative.
March 14, 2022
According to the latest IDB Group report, Costa Rica, El Salvador, Guatemala, Nicaragua, and the Dominican Republic have already recovered pre-pandemic economic activity levels. During 2021 the IDB Group approved $3.38 billion in financing to support the productive sector, inclusive recovery from the COVID-19 crisis, employment, value chains, and digitalization.
March 01, 2022
Korea-IDB partnership to expand with a new contribution to the Korea Public Capacity Building Fund (KPC) managed by the IDB. This contribution is the first installment of a $20 million pledge made by Korea to the KPC in late 2021.
February 23, 2022
The Inter-American Development Bank (IDB) and Finland expanded their cooperation in the education space through a €300,000 contribution. The funding will support teacher training on digital education and distance learning pedagogies in the Caribbean. Finland’s support is provided through its Ministry for Foreign Affairs and is delivered to programming in Guyana, Jamaica, and Suriname. The initiative is part of a regional teacher training program also including Barbados and Trinidad and Tobago.
February 21, 2022
$85 million support package comprises three investment loans for critical sectors Projects will address key social challenges and aim to directly improve citizens’ quality of life The Inter-American Development Bank (IDB) approved an $85 million package of investment loans to support Suriname’s efforts to address pandemic-era macroeconomic challenges.
January 11, 2022
The initiative seeks better job opportunities for vulnerable populations IDB Lab, the innovation laboratory of the Inter-American Development Bank (IDB), will provide financial support to Slang, the Colombian educational technology startup that is based on machine learning and artificial intelligence, to teach English to manual workers. This investment, worth $1 million, will support students entering the labor market, provide job training, and present opportunities for youth, blue-collar workers, and the unemployed populations of Latin America and the Caribbean.
November 18, 2021
The $ 90.56 million loan seeks to increase the rate of students completing high school.