Better management of tight budgets could help Latin American and Caribbean governments to raise living standards - OECD/IDB
Tuesday, December 6, 2016 - 03:00
SANTIAGO, Chile – Governments in Latin America will need to improve public sector management and capacity – including budget allocation – to compensate for the pressure on public finances from sliding commodity prices, according to a new report by the OECD and Inter-American Development Bank covering more than 15 countries in the region.
Wednesday, October 5, 2016 - 03:00
Latin America and the Caribbean is urged to implement a bold integration agenda Finance ministers of the Americas and the Caribbean, and the heads of the Inter-American Development Bank, International Monetary Fund, the World Bank and the U.S. Department of Treasury met today at the IDB to discuss policy options for relaunching regional integration to stimulate growth and contribute to long-term development in the region.
Wednesday, May 11, 2016 - 03:00
The Economic Development Agency will channel funds through non-banking financial intermediaries The Inter-American Development Bank (IDB) has approved a $120 million loan to help Chile improve and increase its supply of productive financing instruments for Micro, Small, and Medium-sized Enterprises (MSMEs). The lending is part of a package of measures recently announced by the Finance and Economy ministries aimed at boosting firm productivity.
Tuesday, September 6, 2011 - 15:34
Equity investment seeks to spark a new development model for the local venture capital industry around renewable energy The Multilateral Investment fund (MIF), of the IDB Group, will provide equity investment of up to $5 million in the Chilean Renovarum Renewable Energy Fund, a project that seeks to create a new development model for the local venture capital industry around low-carbon and climate-friendly technologies.
Monday, March 14, 2011 - 03:00
After stabilizing in 2010, money transfers to Latin America and the Caribbean are poised to rise this year, according to the MIF Remittances to Latin America and the Caribbean are likely to rise this year after stabilizing during 2010, although a weaker dollar and higher inflation are reducing their purchasing power in many countries, according to the Inter-American Development Bank’s Multilateral Investment Fund (MIF).
Friday, May 21, 2010 - 03:00
The Board of Governors of the Inter-American Development Bank, which oversees the Bank’s operations in representation of the 48 member countries, on Friday received a Report that sets up a formal vote for the Bank’s Ninth General Capital Increase.
Thursday, May 6, 2010 - 03:00
MEXICO CITY – Remittances to Latin America and the Caribbean are showing signs of stabilizing and could register a single-digit increase this year, following last year’s sharp drop due to the global economic crisis, Inter-American Development Bank President Luis Alberto Moreno said today.
Thursday, April 15, 2010 - 03:00
The Board of Executive Directors of the Inter-American Development Bank announced the approval of an Account for the Administration of Donor Resources for Haiti, which may receive contributions totaling up to $100 million from the countries in the Union of South American Nations (UNASUR). UNASUR includes Argentina, Bolivia, Brazil, Chile, Colombia, Ecuador, Guyana, Paraguay, Peru, Surinam, Uruguay and Venezuela.
Monday, April 20, 2009 - 03:00
The first Juscelino Kubitschek Award, created by the Inter-American Development Bank (IDB) to recognize institutions that have made a significant contribution to social and economic development in Latin America and the Caribbean, has drawn nominations from 144 organizations in the Americas and Europe.
Tuesday, March 31, 2009 - 03:00
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.