Colombia pushes forward financial system reforms with $450 million IDB loan

Wednesday, June 7, 2017 - 03:00
The Inter-American Development Bank (IDB) has approved the second phase of an operation to support financial system reforms aimed at boosting up Colombia's economic growth. The loan is for $450 million.

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.

Finance ministers discuss deeper regional integration to stimulate growth and development in LAC

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.

IDB implements Colombia program for private investment in renewable energy in areas not interconnected

Monday, February 29, 2016 - 03:00
The Inter-American Development Bank (IDB), through the Banca Nacional de Desarrollo, has announced the approval of a loan for $9.3 million to promote private investment in the generation of renewable energy in areas of Colombia that are isolated or not interconnected.

IDB supports energy efficiency green bonds

Tuesday, November 24, 2015 - 03:00
Financing package of up to $450 million to underwrite energy efficiency projects will also receive funding from Green Climate Fund The Inter-American Development Bank (IDB) has approved financing to establish a regional Energy Efficiency Green Bond Facility. The program was selected to receive up to $217 million in additional funding as one of eight projects worldwide in the first round of allocations announced by the Green Climate Fund (GCF) on November 6.

Remittance Flows Up in Central America and Caribbean, Down in Mexico and South America

Tuesday, June 10, 2014 - 03:00
MIF study outlines 2013 trends, continued importance of flows for the Region In 2013, remittances to Central America and the Caribbean increased over the previous year while remittance flows to South America and Mexico declined, resulting in flat growth for the region as a whole, according to a new report from the Multilateral Investment Fund (MIF), a member of the Inter-American Development Bank (IDB) Group.

Brazilian state of Alagoas to develop tourism and encourage fiscal sustainability and investment with support from IDB

Thursday, November 14, 2013 - 03:00
Loan of $250 million will also contribute to increasing access to water, sanitation and tourism routes Alagoas, a state in the northeast of Brazil, will receive a $250 loan from the Inter-American Development Bank to increase tourism's contribution as a source of economic development and enhance fiscal sustainability. 

Brazil’s Vox Capital Impact Investing Fund gets $4 million equity investment from MIF

Monday, October 29, 2012 - 03:00
Fund to offer long-term financing for SMEs and start-ups serving the Base of the Pyramid (BoP)

MIF to help consolidate venture capital financing in Colombia

Thursday, December 22, 2011 - 03:00
$1.5 million project to improve SME access to equity financing The Multilateral Investment Fund (MIF), in partnership with Banco de Comercio Exterior de Colombia, S.A. (Bancóldex), will help strengthen the venture capital industry in Colombia to pave the way for increased access to finance for small and medium enterprises (SMEs) in the country.

MIF to inject $4 million in Brazilian seed fund to support investments in southern states

Tuesday, December 13, 2011 - 03:00
MIF will also provide a $1 million technical cooperation to further develop Latin America’s venture capital industry using Brazil’s expertise The Multilateral Investment Fund (MIF) approved a $4 million equity investment in C-Ventures Primus, a Brazilian seed capital fund that will invest in emerging firms located in the states of Santa Catarina, Paraná, and Rio Grande do Sul in sectors ranging from energy and life sciences to digital media and information and communication technologies.