Artificial intelligence to boost Latin American and Caribbean economies: IDB study

August 29, 2018
Study also urges governments to anticipate consequences of artificial intelligence in labor markets BUENOS AIRES – Artificial intelligence can facilitate trade negotiations and add one additional percentage point of growth to Latin American and the Caribbean economies, according to a study by the Inter-American Development Bank (IDB).

IDB supports Colombia’s efforts to fight and prevent corruption

December 11, 2017
Colombia will strengthen public surveillance and promote its institutions’ transparency and integration by boosting up the effectiveness of the Public Prosecutor's Office (PGN, after its Spanish initials) with help from a $40 million loan from the Inter-American Development Bank (IDB).

Colombia pushes forward financial system reforms with $450 million IDB loan

June 07, 2017
The Inter-American Development Bank (IDB) has approved the second phase of an operation to support financial system reforms aimed at boosting up Colombia's economic growth. The loan is for $450 million.

Better management of tight budgets could help Latin American and Caribbean governments to raise living standards - OECD/IDB

December 06, 2016
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.

The trade slowdown in Latin America and the Caribbean is more intense than in the rest of the world

November 17, 2016
South American and Caribbean countries were the most affected. Following two years in a downward trajectory, the value of Latin American exports fell 14.8 percent in 2015, and 8.5 percent in the first seven months of 2016, according to the Trade and Integration Monitor 2016 of the Inter-American Development Bank.

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

October 05, 2016
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.

The IDB recognizes five municipal governments in the Gobernarte Contest and pays tribute to Eduardo Campos

April 22, 2016
The winners were chosen for their innovative initiatives The Inter-American Development Bank (IDB) selected the cities of Fortaleza and San Bernardo del Campo in Brazil, Antigua Guatemala in Guatemala, Guayaquil in Ecuador, and Baruta in Venezuela as the winners of “Gobernarte 2015: Eduardo Campos Award” in a ceremony held on April 19.

IDB implements Colombia program for private investment in renewable energy in areas not interconnected

February 29, 2016
The Inter-American Development Bank (IDB), through the Banca Nacional de Desarrollo, has announced the approval of a loan for $9.3 million to promote private investment in the generation of renewable energy in areas of Colombia that are isolated or not interconnected.

IDB supports energy efficiency green bonds

November 24, 2015
Financing package of up to $450 million to underwrite energy efficiency projects will also receive funding from Green Climate Fund The Inter-American Development Bank (IDB) has approved financing to establish a regional Energy Efficiency Green Bond Facility. The program was selected to receive up to $217 million in additional funding as one of eight projects worldwide in the first round of allocations announced by the Green Climate Fund (GCF) on November 6.

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

June 10, 2014
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.