Better management of tight budgets could help Latin American and Caribbean governments to raise living standards - OECD/IDB
December 06, 2016
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.
October 05, 2016
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.
November 24, 2015
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.
June 10, 2014
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.
September 20, 2012
Loan of $21 million will step up investments of Mexican migrants in their home communities The Inter-American Development Bank (IDB) approved a second loan for $21 million to strengthen the 3x1 Program for Migrants of the Government of Mexico, which aims to develop the communities that have sent Mexican migrants abroad by leveraging the investments they make through their community organizations.
June 28, 2012
Banco BAC San José S.A., Costa Rica’s largest private bank, will get a loan of as much as $40 million from the Inter-American Development Bank (IDB) to expand mortgage financing and lending to small and medium-sized enterprises (SMEs).
December 07, 2011
The Multilateral Investment Fund (MIF) approved a $4 million equity investment in Angel Ventures Fund I, a fund that will invest in knowledge-intensive, technology-based firms in Mexico.
March 14, 2011
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).
December 22, 2010
The Inter-American Development Bank (IDB) closed a $22 million syndicated loan with Banco Pichincha in Ecuador to help fund lending for housing and to support micro, small and medium enterprises (MSME’s).
September 08, 2010
The Inter-American Development Bank (IDB) approved a $15 million loan to Banco Promerica de Costa Rica to help the bank expand its long-term mortgage operations and loans for environmentally sustainable projects.