Government spending waste costs Latin America and Caribbean 4.4% of GDP: IDB study

September 24, 2018
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

Artificial intelligence to boost Latin American and Caribbean economies: IDB study

August 29, 2018
Study also urges governments to anticipate consequences of artificial intelligence in labor markets BUENOS AIRES – Artificial intelligence can facilitate trade negotiations and add one additional percentage point of growth to Latin American and the Caribbean economies, according to a study by the Inter-American Development Bank (IDB).

More than 3,000 business meetings held at LAC Flavors Argentina 2017

November 07, 2017
Buenos Aires, Argentina- More than 560 food exporting companies from Latin America and the Caribbean (LAC) met with 120 international buyers from five continents at LAC Flavors 2017, where they closed transactions valued at a projected amount of $152 million, according to preliminary data from the Inter-American Development Bank (IDB).

Lowering fiscal and external vulnerability the key to promoting growth in Central America and the Dominican Republic

February 09, 2017
Regional IDB Governors meet in Washington to analyze economic prospects for 2017 The modest recovery in the United States and continuing favorable financial conditions in 2017 will also represent sources of economic stimulus throughout the year for the countries of Central America and the Dominican Republic, which will translate into growth of around 3.9 percent in 2017. Internal financial and monetary reforms should ensure price stability and the health of the banking system.

The trade slowdown in Latin America and the Caribbean is more intense than in the rest of the world

November 17, 2016
South American and Caribbean countries were the most affected. Following two years in a downward trajectory, the value of Latin American exports fell 14.8 percent in 2015, and 8.5 percent in the first seven months of 2016, according to the Trade and Integration Monitor 2016 of the Inter-American Development Bank.

IDB partners with IFC, Exportadora Atlantic and Starbucks to help Nicaraguan farmers combat coffee rust disease

June 24, 2015
The Inter-American Development Bank (IDB) will provide long-term loans to help Nicaraguan coffee farmers combat the devastating effects of the coffee rust fungus, which has swept through Central America, crippling production and threatening the livelihoods of millions who depend on the coffee industry.

Nicaragua to improve productivity with IDB support

May 30, 2014
$45 million loan will improve the country’s business climate and competitiveness The Inter-American Development Bank (IDB) has approved $45 million loan to help improve productivity in Nicaragua.

IDB loan will boost sustainable agricultural productivity in Nicaragua

June 15, 2012
$40 million in financing will help raise family income in rural areas and will improve environmentally-friendly production practices Incomes of rural Nicaraguan families are expected to increase by 30 percent within five years as the result of a program to boost sustainable agricultural productivity that is being financed with the help of $40 million from the Inter-American Development Bank (IDB).

IDB launches MapAmericas platform to track and visualize results of development projects

March 18, 2012
Participate in Twitter using #MapAmericas New interactive mapping platform revolutionizes the way the Bank and its partners show progress on development work in Latin America and the Caribbean Montevideo - The Inter-American Development Bank (IDB) today launched MapAmericas, a new online platform that allows users to easily view and track the results of development projects financed by the Bank and its partner countries in Latin America and the Caribbean (LAC).

MIF, Nordic Development Fund launch biogas program for Nicaraguan farmers

December 23, 2011
Program to bring renewable energy to 6,000 small agricultural producers and rural households The Multilateral Investment Fund (MIF), a member of the IDB Group, is partnering with the Nordic Development Fund (NDF) and two Dutch non-governmental organizations, Hivos and SNV, to launch a $6.3 million biogas market development program that will bring renewable energy to small farmers in Nicaragua and contribute to reductions in greenhouse gas emissions.