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.

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

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.

Inter-American Development Bank / World Bank / Caribbean Development Bank joint press release on International Monetary Fund staff-level agreement with Suriname

Friday, April 15, 2016 - 20:06
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.

IDB backs program to give SMEs in Barbados greater access to credit

Tuesday, December 16, 2014 - 03:00
Loan of US$35 million will help modernize businesses and boost the country’s productivity The Inter-American Development Bank (IDB) has approved a loan of US$35 million, of which US$17.5 million come from its ordinary capital and US$17.5 million from the China Co-financing Fund for Latin America and the Caribbean, to help boost productivity in Barbados.

Remittance Flows Up in Central America and Caribbean, Down in Mexico and South America

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.

Report: weak dollar, inflation blunting purchasing power of remittances

Monday, March 14, 2011 - 03:00
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, Caribbean leaders discuss how to achieve resilient growth after the crisis

Friday, October 1, 2010 - 03:00
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.

El Salvador and the IDB sign agreement to strengthen the fiscal sector

Wednesday, September 29, 2010 - 03:00
The Government of El Salvador and the Inter-American Development Bank (IDB) today signed a contract for a $200 million loan to help strengthen the fiscal sector of El Salvador.

IDB Board of Governors receives General Capital Increase document for formal vote

Friday, May 21, 2010 - 03:00
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.

IDB sees turning point in remittances to Latin America and the Caribbean

Thursday, May 6, 2010 - 03:00
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.