IDB approves three operations for Honduras totaling US$134.7 million

December 12, 2019
Digital transformation, rural and productive development programs in the Dry Corridor, and improvement of the climatic resilience of forests will be financed through loans and donations Digital transformation for increased competitiveness

FOROMIC launches in the Dominican Republic, seeks to reinvent inclusion

October 31, 2019
The event was attended by IDB President Luis Alberto Moreno. Dominican Republic – FOROMIC, the main event on innovation for the inclusion of Latin America and the Caribbean, has just started in Punta Cana, Dominican Republic, with the slogan “Reinventing Inclusion”. The event was inaugurated by the Minister of Finance, Donald Guerrero and the President of the IDB, Luis Alberto Moreno.

IDB launches Superheroes of Development contest to recognize executing agencies

March 04, 2019
In its second edition, the call for proposals will be open from March 4th to May 17th, 2019. The Superheroes of Development Award will recognize executing agencies of IDB-financed projects that have successfully addressed challenges during its implementation. The contest will identify eight finalists from across Latin America and the Caribbean who will travel to IDB’s Headquarters in Washington, D.C. to present their solutions.

More than 3,000 business meetings held at LAC Flavors Argentina 2017

November 07, 2017
Buenos Aires, Argentina- More than 560 food exporting companies from Latin America and the Caribbean (LAC) met with 120 international buyers from five continents at LAC Flavors 2017, where they closed transactions valued at a projected amount of $152 million, according to preliminary data from the Inter-American Development Bank (IDB).

Lowering fiscal and external vulnerability the key to promoting growth in Central America and the Dominican Republic

February 09, 2017
Regional IDB Governors meet in Washington to analyze economic prospects for 2017 The modest recovery in the United States and continuing favorable financial conditions in 2017 will also represent sources of economic stimulus throughout the year for the countries of Central America and the Dominican Republic, which will translate into growth of around 3.9 percent in 2017. Internal financial and monetary reforms should ensure price stability and the health of the banking system.

Honduras to improve sustainable management of forests with loan from IDB

December 15, 2016
Honduras will improve management of its forests with a $25 million loan from the Inter-American Development Bank (IDB). The project is aimed at the recovery of forests affected by weevils, strengthening the system of forest protection and enhancing access to financing linked to fighting global warming. The white pine weevil is a bark-stripping pest that devastates vast areas of forest.

Ecuador province to boost agricultural productivity with IDB support

June 27, 2013
Investment program in irrigation and rural roads for an impoverished indigenous region  Ecuador will receive a $15 million loan from the Inter-American Development Bank (IDB) for an investment program to increase agricultural productivity and improve market access for rural families in one of its poorest provinces. 

Honduras to expand coverage and quality of health services

June 17, 2013
IDB loan for $50 million will benefit child and maternal health in the country’s poorest municipalities Honduras will utilize a $50 million loan from the Inter-American Development Bank (IDB) to improve access to quality health services, especially in poor rural areas, enabling the government to double the number of beneficiaries by 2015.

Nestlé joins project to boost Haitian coffee farmers’ incomes

July 12, 2012
World’s biggest coffee buyer teams up with IDB’s MIF, France’s AFD, Colombia’s National Coffee Federation and Haiti’s National Coffee Institute (INCAH) Nestlé, the world’s leading nutrition, health and wellness company, will join a project to improve the incomes and economic opportunities for 10,000 small-scale coffee producers in Haiti, the Inter-American Development Bank (IDB) announced today.

IDB, Covelo Foundation to foster renewable energy use in Central America

October 27, 2011
As many as 6,000 low-income families in isolated rural areas in Honduras, El Salvador and Belize to get access to solar energy The Inter-American Development Bank (IDB) will provide a loan of up to $3 million for Fundación José María Covelo to establish credit lines that will enable as many as 6,000 Central American families in isolated rural communities with no access to the electricity grid to buy solar power systems.