Bolivia will improve urban restructuring in La Ceja with IDB loan

February 14, 2013
A $47 million loan will focus on supporting the Autonomous Municipal Government of El Alto in developing its urban infrastructure, citizen services and planning capabilities.

IDB releases its 2010 Development Effectiveness Report

March 23, 2011
Report evaluates Bank’s efforts in measuring its development impact in Latin America and the Caribbean The Inter-American Development Bank (IDB) has made strides to boost transparency, accountability and enhance the development impact of its investments in Latin America and the Caribbean, according to the new edition of the IDB’s 2010 Development Effectiveness Overview.

IDB approves $100 million to improve public management in Paraguay

June 04, 2009
The Inter-American Development Bank today approved a $100 million policy based loan to help the government of Paraguay modernize its public management, in order to improve the quality, efficiency and transparency of public expenditures. With IDB support, Paraguay will undertake a set of policy reforms to improve public expenditure management as a priority action in its Economic Reactivation Plan for coping with the possible effects of the international financial crisis—both this year and the next.

IDB Annual Meeting concludes with countries vowing action on crisis

March 31, 2009
Governments approve kicking off process to review IDB capital levels. Seminars, dialogues, exhibitions and debates mark IDB’s 50-year anniversary.MEDELLÍN, Colombia – For nearly a week ending today, this picturesque and thriving city transformed itself into the economic epicenter of Latin America and the Caribbean.

IDB Annual Meeting agenda highlights - March 30

March 30, 2009
Second and last day of official sessions of the Annual Meeting of the Board of Governors of the Inter-American Development Bank, at the Plaza Mayor Convention Center. Representatives of the 48 member-countries are discussing during the two-day meeting the economic situation of Latin America and the Caribbean and ways the IDB can increase support to the region. In the evening, after the closing session, a socio-cultural event with artist Carlinhos Brown will take place at the Metropolitan Theater. 9:00 a.m. - 1:00 p.m.

IDB to start reviews for capital increases, boosting financing in short-term

March 30, 2009
MEDELLÍN, Colombia – The Board of Governors of the Inter-American Development Bank (IDB) today instructed the Bank’s management to “start immediately” to review the need for an increase in its ordinary capital, which currently stands at $101 billion, and a replenishment of its concessional lending window, the Fund for Special Operations.

IDB meeting ends amid concern over global economic crisis

March 30, 2009
MEDELLÍN, Colombia – The Inter-American Development Bank today closed the 50th annual meeting of its Board of Governors, starting a review process for a capital increase in light of the challenges posed by the global economic crisis on Latin America and the Caribbean. The Board of Governors, the Bank’s top policy-making body, brings together representatives from the 48 member countries of the IDB, the leading source of long-term lending for this region.

IDB Annual Meeting agenda highlights - March 29

March 29, 2009
Annual Meeting of the Board of Governors of the Inter-American Development Bank begins today. U.S. Treasury Secretary Timothy Geithner and IDB President Luis Alberto Moreno will speak during the inaugural session. Representatives of the 48 member-countries will discuss during the two-day meeting the economic situation of Latin America and the Caribbean and ways the IDB can increase support to the region.  9:00 a.m. – 1:00 p.m. Informal meeting of the Board of Governors. (This event is closed to the public) 2:00 p.m. – 2:30 p.m.

Prepared Statement by Treasury Secretary Tim Geithner at the Inter-American Development Bank’s Annual Meeting of the Boards of Governors

March 29, 2009
FOR IMMEDIATE RELEASE: March 29, 2009                  CONTACT: Treasury Public Affairs (202) 622-2960 Medellin, Colombia -- President Moreno, ministers, ladies and gentlemen, I am delighted to be able to join you today.  I would like to thank the Government of Colombia for hosting this important meeting in this historic city of Medellin.  We meet at a critical time, for this hemisphere, for the global economy, and for the Inter-American Development Bank. 

Book on 50 years of development in Latin America and the Caribbean launched

March 28, 2009
MEDELLÍN, Colombia – Inter-American Development Bank President Luis Alberto Moreno and Ricardo Ávila, Director of Colombia's financial newspaper Portafolio, presented on Saturday March 28 a new book on half a century of development in Latin America and the Caribbean.