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

El Salvador to Upgrade Rural Roads with IDB Loan

October 26, 2022
The Inter-American Development Bank (IDB) approved a $100 million loan to enhance rural road connectivity and quality in El Salvador. By upgrading its unpaved roads, the Central American country will boost productivity, competitiveness, and access to public services.
2022-10-19

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 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The report is based on data from an unpublished survey of 223 transportation companies and 96 industry leaders from around the globe.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

Dominican Republic Gets Loan for Rehabilitation and Maintenance of Road Infrastructure

March 21, 2022
The Inter-American Development Bank (IDB) approved a $140 million loan for the Road Infrastructure Rehabilitation and Maintenance Program in the Dominican Republic, whose main goal is to help improve the country’s regional connectivity through the delivery of safe, reliable, and accessible transportation services.
2022-03-21

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

The IDB, IDB Lab and Beat join to improve the financial status of drivers

September 28, 2021
The Inter-American Development Bank (IDB), IDB Lab, and Beat, Latin America’s fastest growing ride-hailing app, announce today their official partnership in order  to promote and facilitate access to voluntary saving mechanisms for independent workers across four countries in Latin America.
2021-09-28

Dominican Republic to boost northwestern area’s competitiveness by expanding Manzanillo

June 21, 2021
Rehabilitation of the Manzanillo Port area and road accesses will help reduce transportation costs and freight times. The Inter-American Development Bank (IDB) has approved a US$100 million loan to help the Dominican Republic improve competitiveness and socioeconomic growth of its northwestern region by modernizing port logistics and infrastructure. The operation consists of the construction of a modern logistics terminal with a platform parallel to the bay coastline.   
2021-06-11

IDB supports private participation arrangements in Colombia’s infrastructure

June 10, 2021
The Inter-American Development Bank has approved a US$15 million reimbursable technical cooperation loan to help consolidate private participation arrangements in Colombia’s infrastructure, improve the context of financing and foster conditions conducive to economic recovery following the COVID-19 pandemic. The operation seeks to consolidate the government’s capacity to promote private participation arrangements in economic and social sectors given the new scenario of budgetary and financing constraints for the expansion of Colombia’s infrastructure.
2021-06-10