Friday, February 15, 2019 - 23:41
The IDB brings regional Governors to its Washington, D.C. headquarters to consider policy options to speed up growth and reduce poverty The Governors of the Inter-American Development Bank’s (IDB), Central American Isthmus and the Dominican Republic held their 33rd Annual Meeting to discuss options to achieve higher growth rates and foster productive activities in the years to come. The region grew 3.8 percent in 2018, way above the 1.1 percent average for Latin America and the Caribbean as a whole. In addition, it is expected to grow 4.2 percent in 2019.
Wednesday, November 28, 2018 - 13:24
IDB approved two integration operations that will benefit Argentina and Uruguay The Inter-American Development Bank (IDB) has approved two financing packages worth a total of $130 million in support of a program to modernize the Argentine-Uruguayan binational hydroelectric power plant in Salto Grande and a program to boost the competitiveness of the productive and tourism sectors of that region, made up of the departments of Concordia and Federacion in the Argentine province of Entre Ríos and Salto departm
Thursday, November 1, 2018 - 16:40
The $400 million program will facilitate adoption and implementation of sectorial reforms and policies needed to make the country’s electricity sector financially sustainable and operationally efficient The goals of the plan include strengthening the electricity sector’s institutional and supervisory capital and enhancing sectorial planning and regulation. At the same time, the loan will help support better management and operations at electricity distribution companies.
Thursday, August 9, 2018 - 10:23
Backed by 26 Caribbean governments and the private sector, the Accelerator will fast-track investments which support climate action and economic growth The Inter-American Development Bank announced today that it will partner with the Caribbean Climate-Smart Accelerator to program and implement the additional $1 billion in funds that it pledged for climate smart-investments across the Caribbean region at the Paris One Planet summit on December 12, 2017.
Thursday, July 26, 2018 - 12:00
Loan of $100 million from the Green Climate Fund will benefit Small and Medium Enterprises investing in renewable energy and energy efficiency projects Argentina will increase Small and Medium Enterprises (SME) investments in renewable energy and energy efficiency by providing greater access to finance, with a $100 million loan approved by the Inter-American Development Bank.
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.
IDB supports program to strengthen management, foster economic growth and employment in Argentine provinces
Monday, December 5, 2016 - 03:00
Project will promote private and public investment improvements at provincial level, help reform the federal tax system and strengthen decision-making bodies Argentina will implement a program to promote economic growth and employment in its provinces through income, spending and public investment management improvements as well as investment projects execution with help from a $120 million loan approved by the Inter-American Development Bank (IDB).
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.
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.
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.