IDB announces selected proposals of its "Bootcamps for Tech Fans” challenge

June 06, 2019
Fifty-seven proposals were submitted, and the entities selected will benefit people in Central America, Colombia, Mexico and Venezuela. IDB Lab, the IDB's innovation laboratory, has announced the two proposals selected to implement the best and most innovative Ready-to-Work Bootcamp models aimed at closing the skills gap of our future workforce in Latin America and the Caribbean, especially of people in vulnerable circumstances.

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.

Crime exacts steep social, public and private costs in Latin America and Caribbean: IDB study

February 03, 2017
Annual costs of crime and violence estimated at $261 billion for region; impacts vary among and within countries Violence and crime impacts much higher than for developed nations Report calculates foregone income of murder victims, imprisoned individuals A study by the Inter-American Development Bank (IDB) estimates the direct annual cost of crime and violence in Latin America and the Caribbean at $261 bill

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.

Better governance and greater integration to determine fate of Latin America and the Caribbean in 2030

December 01, 2016
New Atlantic Council report commissioned by IDB offers contrasting scenarios for crime, democracy, trade and economic growth The Atlantic Council today released "Latin America and the Caribbean 2030: Future Scenarios," a report commissioned by the Inter-American Development Bank (IDB) that looks at how the region's countries could evolve over the next 14 years, underscoring how more integration and better governance hold the key to greater prosperity.

IDB and government of Argentina launch Security Week to discuss crime and violence in Latin America and Caribbean

September 26, 2016
· Almost 135.000 victims of murder in the region last year; cost of crime estimated at $120 billion · Studies on violence in cities, police communications to be unveiled The Inter-American Development Bank and the Ministry of Security of Argentina today launched the 8th Annual Security Week, aiming to promote more dialogue and knowledge exchange on crime and violence, with a focus on transparency and on police reforms.

IDB and OAS urge Latin America and the Caribbean to strengthen cybersecurity

March 14, 2016
Report shows the region has “potentially devastating” vulnerabilities Four out of five countries lack a cybersecurity strategy Leaders of the Inter-American Development Bank (IDB) and the Organization of American States (OAS) today called on the countries of Latin America and the Caribbean to step up their efforts on cybersecurity following the release of a new study, carried out by the two institutions with the support of Oxford University.

IDB approves a $300 million line of credit to help Ecuador maintain its social spending in case of economic shocks

December 19, 2014
The Inter-American Development Bank (IDB) has announced the approval of a stand-by line of credit for up to $300 million to help Ecuador protect its social spending from potential external economic shocks. The stand-by credit line, which will be in place for three years, will allow the government of Ecuador to temporarily sustain its levels of spending in programs to reduce poverty should exogenous events limit its revenues.