Hurricane Dorian: IDB provides $100 million in emergency funding line to The Bahamas

Friday, September 6, 2019 - 14:32
The Inter-American Development Bank will provide $100 million to help finance humanitarian and reconstruction efforts in The Bahamas, following widespread loss of life and destruction caused by Hurricane Dorian.

IDB launches Superheroes of Development contest to recognize executing agencies

Monday, March 4, 2019 - 18:41
In its second edition, the call for proposals will be open from March 4th to May 17th, 2019. The Superheroes of Development Award will recognize executing agencies of IDB-financed projects that have successfully addressed challenges during its implementation. The contest will identify eight finalists from across Latin America and the Caribbean who will travel to IDB’s Headquarters in Washington, D.C. to present their solutions.

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

Monday, September 24, 2018 - 15:05
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

Caribbean leaders launch plan to make region a “climate-smart zone,” with IDB support

Monday, December 11, 2017 - 19:00
Paris — The Inter-American Development Bank Group (IDB Group) announced its support for the newly formed Caribbean Climate-Smart Coalition, a public-private initiative aimed at funding an $8 billion investment plan to transform the region into the world’s first “climate-smart” zone and benefit an estimated 3.2 million households in the region.

IDB promotes Mesoamerica’s transportation, logistics and integration agenda

Wednesday, August 9, 2017 - 03:00
IDB to finance specialized studies as well as investment and action plans for regional initiatives, with particular emphasis on the Pacific Corridor

IDB, Government and private sector discuss ways to ensure Belize’s sustainable development

Friday, July 28, 2017 - 20:43
Belize City, Belize– Top executives from the Inter-American Development Bank (IDB) visited Belize this week to discuss with key government officials and representatives of the private sector ways of deepening their partnership and cooperation to ensure the country’s sustainable development.

IIC finances energy efficiency investments at Arawak Port in Nassau

Monday, June 26, 2017 - 03:00
The Inter-American Investment Corporation (IIC), the private sector arm of the Inter-American Development Bank (IDB) Group, signed a US$3 million loan to Arawak Port Development (APD Limited), a public-private partnership set up between the private sector and Government of the Bahamas. The project will finance the installation of a rooftop solar photovoltaic system on APD Limited's main building at the port, as well as financing the retrofit of the port’s terminal lights to LED, along with other energy efficiency activities at the port.

Experts discuss how to incorporate gender aspects in transport planning in Guyana

Wednesday, March 15, 2017 - 18:32
Regional forum in Georgetown (Guyana) organized by the IDB brings together gender and transport experts from China, Mexico, Uruguay and Ecuador The Inter-American Development Bank (IDB) organized today the first forum on gender and transport in Georgetown (Guyana) with the objective of creating a space for the exchange of information between public policymakers, researchers and transport experts on how to incorporate the gender perspective into the transport sector to promote greater gender equality in Guyana.

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

Thursday, February 9, 2017 - 03:00
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 Bahamas to improve airport infrastructure with IDB support

Wednesday, January 25, 2017 - 03:00
A $35 million loan will enhance the connectivity of four airports on the Family Islands The Inter-American Development Bank (IDB) has approved a $35 million loan designed to improve infrastructure at four airports on the Family Islands, as The Bahamas' less developed outer islands are known. The loan will contribute to the archipelago's regional and international integration through upgrades at the airports of Exuma, North Eleuthera, Marsh Harbour and Treasure Cay.