Belize to improve the quality and gender equity in schools with IDB support

January 27, 2020
The second phase of the Education Quality Improvement Program will have a special focus on innovation, with a STEAM Lab School to be established in Belize City. The Prime Minister of Belize, Rt. Hon. Dean Barrow, and Country Representative of the Inter-American Development Bank (IDB), Dr. Cassandra T. Rogers, signed today in Belize City an agreement to implement a US$10 million loan to improve the quality and gender equity of education at the primary and secondary levels in the country.

New Study Reveals Women Entrepreneurs in STEM in LAC are on the Rise

January 23, 2020
The study commissioned by the IDB Lab also shows that 54% of women entrepreneurs in STEM have raised capital Women entrepreneurs in science, technology, engineering and mathematics are on the rise in Latin America and the Caribbean, with 54% successfully raising angel or venture capital and almost 80% planning on scaling up their company internationally in the next five years, according to the new study “wX Insights 2020: The Rise

Japan's Government Pension Investment Fund to Support IDB Social Projects

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).

Ecuador issues world's first Sovereign Social Bond, with the support of an IDB guarantee

January 16, 2020
The issuance of $400 million will provide access to housing for more than 24,000 families and will mobilize approximately $1.35 billion in investments Ecuador has issued a Sovereign Social Bond in the international market for $400 million, becoming the first country in the world to make this type of placement.

IDB Launches Public Consultations for new Environmental and Social Policy Framework

January 14, 2020
The Inter-American Development Bank (IDB) today launched the public consultation process for a new Environmental and Social Policy Framework. The draft policy framework under consultation is a key element of a broader modernization process aimed at strengthening the environmental and social sustainability of IDB’s operations and allowing for a more effective response to the challenges faced by Latin American and Caribbean countries seeking sustainable growth.

IDB Launches USD 3.0 Billion 1.75% 5-year Fixed Rate Global

January 14, 2020
The Inter-American Development Bank (“IDB” or “IADB”), rated Aaa/AAA (Moody’s/S&P), today priced a new USD 3.0 billion 5-year global bond. The transaction pays a semi-annual coupon of 1.750% and matures on 14 March 2025. It priced with a spread of 8.3 basis points over the 1.750% UST due 31 December 2024, which represents a yield of 1.762% s.a.

IDB Announces Passing of Executive Vice President Brian D. O’Neill

December 20, 2019
The Inter-American Development Bank today announced the death of Brian D. O’Neill, its Executive Vice President. “The IDB has lost an uncommonly talented executive and a great colleague,” said IDB President Luis Alberto Moreno. “Words cannot convey my gratitude for Brian’s friendship and advice over the many years I have known him.”

State of Rio Grande do Sul will strengthen the scope of fiscal balance with IDB support

December 19, 2019
A $60 million loan will contribute to the control of expenditure and the modernization of the State tax administration  Brazil will strengthen the recovery of the fiscal balance of the State of Rio Grande do Sul, through the control of public spending and the modernization of the tax administration with a loan of $60 million approved by the Inter-American Development Bank (IDB).  

Brazil will modernize fiscal management in the State of Paraná with IDB support

December 17, 2019
A $50 million loan will contribute to greater fiscal sustainability with better service provision, lower costs for tax compliance and data for public management and transparency of public accounts Brazil will contribute to the fiscal management of the State of Paraná through its modernization, the improvement of the tax administration and the control of public spending with a $50 million loan approved by the Inter-American Development Bank (IDB).

Inter-American Development Bank to hold Annual Meeting in Barranquilla, Colombia

December 17, 2019
Online media registration is available for March 18-22 gathering of Latin American and Caribbean leaders The Inter-American Development Bank and IDB Invest will hold its Annual Meeting in Barranquilla, Colombia on March 18-22, with economic and financial leaders from its 48 member countries looking to make economic growth mor