June 05, 2020
The US$6.2 million loan will support the containment and control of the pandemic and mitigate its impact on service delivery in the country. The Inter-American Development Bank (IDB) approved a loan of US$6.2 million for Belize following the government’s request to the Bank to reprogram 10% of the undisbursed balance of the country’s current investment portfolio to assist the government with its response to the impact of the crisis resulting from the COVID-19 pandemic.
May 15, 2020
The Inter-American Development Bank (IDB) has approved a US$750,000 (TT$5.1 million) grant to support the Caribbean Public Health Agency (CARPHA) in the coordination of the regional health response to the coronavirus (COVID-19) pandemic. The grant is being financed by the IDB Japan Special Fund which was first established in 1988 by the Government of Japan to foster social and economic growth throughout the IDB’s borrowing member countries.
May 07, 2020
Tax revenues in Latin America and the Caribbean (LAC) increased to 23.1% of GDP on average in 2018, according to the new edition of Revenue Statistics in Latin America in the Caribbean published today. However, these gains are now under threat as a result of the region’s deteriorating fiscal outlook, which has been exacerbated by the COVID-19 pandemic and the global economic crisis.
March 26, 2020
March 18, 2020
Latin America and the Caribbean (LAC) need to strengthen governance and integrity mechanisms to improve the quality and implementation of public policies, reduce corruption and increase public trust in government, according to the third edition of Government at a Glance: Latin America and the Caribbean 2020.
February 20, 2020
January 15, 2020
The Inter-American Development Bank (IDB) and Japan’s Government Pension Investment Fund (GPIF) have partnered to promote and develop socially responsible capital markets through investments in IDB Social Bonds focused on Education-Youth-Employment (EYE).
December 11, 2019
MADRID, Spain ‒ The Inter-American Development Bank (IDB) announced the creation of the Green Bond Transparency Platform (GBTP), an innovative digital tool that brings greater transparency to the Latin American and Caribbean’s green bond market. The announcement was made at an event hosted by the IDB during the United Nations Climate Change Conference (COP25), under the presidency of Chile, in Madrid, Spain.
November 15, 2019
GREAT ABACO, The Bahamas – A new report estimates the total cost of the impacts and effects of Hurricane Dorian on The Bahamas at $3.4 billion, with hundreds dead or missing and impacts on the economy that will last for years.
November 04, 2019
BELIZE CITY, Belize – The Prime Minister of Belize, Dean Barrow and Country Representative of the Inter-American Development Bank (IDB), Cassandra T. Rogers signed a loan agreement today in the amount of US$14 million to strengthen tax administration in Belize.