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

IDB Approves US$10 million to Support Job Seekers and Employers in Suriname

October 23, 2022
The Inter-American Development Bank (IDB) approved a US$10 million loan to provide jobseekers in Suriname with relevant and high-quality training for employment and expand the use of labor market intermediation services by jobseekers and employers. In Suriname, a significant percentage of people have difficulty accessing jobs for one of two reasons: they are not equipped with the skills demanded by the productive sector, or they lack labor market information to find a job that suits their skills.
2022-10-23

IDB and UPU Unite to Modernize Postal Services in Latin America and the Caribbean

August 23, 2022
The Inter-American Development Bank (IDB) and the Universal Postal Union (UPU) signed an agreement to modernize and transform postal services in Latin America and the Caribbean, aiming to promote regional integration and trade, strengthen value chains and foster the digital economy.
2022-08-23

IDB, IDB Lab & Beat to Promote Voluntary Savings for App Drivers in the Region

July 12, 2022
Programs within the alliance include automatic savings plans and financial education  The Inter-American Development Bank (IDB) along with its innovation lab, IDB Lab, and the mobility app Beat, are working together to promote and provide access to voluntary savings tools for driver users of the app.
2022-07-12

Latin America and Caribbean Need to Reduce Gender Gap in Digital Transformation

June 23, 2022
An Inter-American Development Bank (IDB), IDB Invest and IDB Lab study reveals that 62% of representatives of major institutions and entities in the digital ecosystem in Latin America and the Caribbean think the digital gender gap is a problem in their respective countries. The same proportion believe that women have little participation in digital transformation processes because of a lack of skills and competencies.
2022-06-23

Government of Belize, Taiwan, and IDB Form Agreement to Boost Jobs and Recovery

May 26, 2022
A newly signed agreement would mark the first-of-its-kind commitment between the IDB and Taiwan that pledges to create employment opportunities and foster the economic recovery of micro, small, and medium-sized enterprises (MSMEs), empowering and promoting gender and diversity in Belize. Taiwan’s ICDF to provide a financial contribution of $5 million to complement IDB’s program. T
2022-05-26

IDB Study Shows Path to Digitally Transforming Transportation in LAC

May 09, 2022
The report is based on data from an unpublished survey of 223 transportation companies and 96 industry leaders from around the globe. Latin America and the Caribbean (LAC) lags behind on digital technologies in transportation, which presents a major opportunity to boost a key economic sector, an Inter-American Development Bank (IDB) study finds.
2022-05-10

Ecuador to promote sustainable and inclusive employment with IDB support

April 27, 2022
The Inter-American Development Bank (IDB) approved a $250 million loan to support economic recovery in Ecuador, focusing on strengthening the social protection system, female employment, and labor sectors linked to environmental objectives, also called "green jobs." Supporting the equal integration of women in the economy is one of the operation's priorities. The project will implement an Action Plan to increase female labor participation, reduce the salary gap, and promote female leadership in the country.
2022-04-27

PPP Americas Event Highlights Infrastructure Needs and Opportunities in the LAC Region

December 09, 2021
SÃO PAULO — In the challenging context of the ongoing COVID-19 pandemic, the Inter-American Development Bank (IDB) launches the 10th edition of PPP Americas, the principal forum on public-private partnerships in Latin America and the Caribbean. The event aims to help jump-start economic recovery in in the region by supporting the use of PPP approaches and fostering better planning and maintenance of infrastructure projects.
2021-12-09

IDB Approves Additional $1.8 Billion for Sustainable Development, Integration in LAC

December 08, 2021
Resources approved this week will promote sustainability and inclusion policies and programs in Barbados, Brazil and the Dominican Republic, as well as economic integration among the River Plate Basin countries. More than 70% of approved resources, or $1.3 billion, were assigned to Brazil. The IDB will release its total 2021 loan and operations amounts by December 17. The Board of Directors of the Inter-American Development Bank (IDB) approved five operations this week, totali
2021-12-08