Colombia leads the 2019 Global Financial Inclusion Microscope for the 2nd consecutive year

October 31, 2019
Dominican Republic – Colombia, Peru, Uruguay and Mexico lead the ranking of the Global Microscope on the environment for financial inclusion, an index that focuses on regulation, political strategies, and infrastructure to address this issue. In these four countries, financial inclusion is a priority and incorporates digital approaches. While Colombia and Mexico lead public policy and consumer protection categories, Uruguay and Peru stand out in stability and financial integrity.

IDB launches 2019 Call for Proposals to finance regional projects in Latin America

January 16, 2019
THE DEADLINE FOR ACCEPTING PROPOSALS FOR REGIONAL PUBLIC GOODS IS MARCH 1ST, 2019 The Inter-American Development Bank (IDB) launched the 2019 Call for Proposals for the Regional Public Goods (RPG) Initiative in Latin America and the Caribbean (LAC), which supports projects involving three or more countries.

Global Alliance to Promote the Use of Blockchain in Latin America and the Caribbean

October 30, 2018
Representatives of the IDB Lab, the innovation laboratory of the Inter-American Development Bank (IDB) Group, together with representatives of the world's leading technology and consulting companies, announced today the launch of LAC-Chain, a new alliance to promote the use of blockchain in Latin America and the Caribbean. The presentation of this new alliance took place at the FOROMIC 2018 conference, which is being held this year in Barranquilla, Colombia.

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

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.

IDB approves $40 million to strengthen financial safety net and improve access to financing in Honduras

November 30, 2011
The Inter-American Development Bank (IDB) approved $40 million to strengthen the stability of the financial system and expand access to financial services in Honduras.

Report: weak dollar, inflation blunting purchasing power of remittances

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).

IDB boosts support for small and medium-size infrastructure investments in Latin America

December 23, 2010
The Inter-American Development Bank (IDB) will boost its support for small and medium-size infrastructure investments in Latin America and the Caribbean by providing as much as $60 million in new financing for Corporación Interamericana para el Financiamiento de Infraestructura S.A. (CIFI).

IDB’s President Moreno says greater integration with Asia is helping Latin American growth

November 18, 2010
Rising trade and investment with Asia has helped increase exports from Latin America and the Caribbean and the region’s contribution to the growth of the world economy, said Luis Alberto Moreno, President of the Inter-American Development Bank (IDB), during his visit to India this week. Higher incomes in Asia, particularly India and China, are opening opportunities for the region’s goods and services, especially high-quality ones: from natural and unique grass fed beef, renowned wines, and specialized coffees to the high-quality services of architects and engineers, Moreno said.

More trade and cooperation needed between India and Latin America, study says

November 16, 2010
NEW DELHI – India and Latin American and the Caribbean can mutually benefit from closer trade ties and must work together to reduce trade costs and eliminate barriers, according to a study presented during an event today organized by the Global Development Network (GDN), the National Council for Applied Economic Research (NCAER) and the Inter-American Development Bank (IDB).

IDB supports Honduran fiscal reform

November 10, 2010
The Inter-American Development Bank (IDB) approved $45.8 million in financing to support Honduras’ fiscal reform, which seeks to bolster macroeconomic stability and restore sustainable growth by modernizing the tax system and improving state utility revenues.