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.
Inter-American Development Bank / World Bank / Caribbean Development Bank joint press release on International Monetary Fund staff-level agreement with Suriname
April 15, 2016
The Government of Suriname and the International Monetary Fund (IMF) have agreed on the key elements of an economic program that would be supported by a Stand-By Arrangement (SBA). A reform agenda was put forward by the Surinamese authorities to stabilize Suriname’s economy and to set the stage for its recovery.
December 09, 2011
US$20 million to improve public investment, procurement, financial management, and audit Suriname will strengthen its public capital expenditure management with a US$20 million loan from the Inter-American Development Bank (IDB).
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).
January 28, 2011
World Economic Forum launches new report: Private Sector Development in Haiti: Opportunities for Investment, Job Creation and Growth Haiti can achieve sustainable growth with the support of international private sector Businesses should consider investment opportunities in Haiti More information on the World Economic Forum Annual Meeting 2011: http://www.weforum.org DAVOS-KLOSTERS, Switzerland– Haiti can achieve GDP growth of 6-8% over the next decade, if the right public polic
October 01, 2010
NASSAU, Bahamas – The Hon. Hubert Alexander Ingraham, Prime Minister of The Bahamas, Inter-American Development Bank (IDB) President Luis Alberto Moreno and the Caribbean Development Bank (CDB) President Compton Bourne opened today a forum that brings together the Governors of the IDB from Caribbean member countries with other government officials, policymakers, members of academia and businessmen.
May 21, 2010
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.
May 06, 2010
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.
April 29, 2010
The Inter-American Development Bank approved a $50 million grant to provide budget support to Haiti, which expects its fiscal revenues to drop by as much as half this year due to the impact of the January 12 earthquake. The grant resources, which will be disbursed in a single tranche, will help the Haitian government in its efforts to reestablish some of the essential functions of key fiscal institutions such as the national tax agency (DGI), whose headquarters were completely destroyed.