IDB report urges new social compact to spur growth, tackle pandemic and inequity

July 07, 2020
Careful sequencing of fiscal policies is key to growing sustainably and equitably after the pandemic Latin America and the Caribbean needs a new social compact of economic policies to ensure more inclusive growth following the pandemic, according to a new report by the Inter-American Development Bank (IDB).
2020-07-07

The IDB & The GovLab launch Smarter Crowdsourcing in the Age of Coronavirus

July 07, 2020
The Smarter Crowdsourcing initiative brings together a network of public leaders and global experts to address the challenges of managing a pandemic in Latin America and the Caribbean. Brooklyn, NY – The Inter-American Development Bank (IDB) together with The Governance Lab (The GovLab) at New York University Tandon School of Engineering, today launched “Smarter Crowdsourcing in the Age of Coronavirus.” This rapid policy advising initiative convenes pu
2020-07-07

IDB-AFD Strengthen Partnership in Times of COVID-19 Crisis and Beyond

May 20, 2020
The IDB Group and Agence française de Développement (AFD) Group have virtually held their fourth Deep Dive Meeting on May 20, 2020, stressing not only the importance of strengthening  the partnership momentum, but also thinking ahead towards future strategic collaborations and co-financing operations in Latin America and the Caribbean (LAC).  
2020-05-20

IDB and Esri Offer Solutions to Combat COVID-19 in Latin America and the Caribbean

May 18, 2020
Advanced Geospatial Technology Will Be Provided During Pandemic The Inter-American Development Bank (IDB) has joined forces with Esri, the global leader in location intelligence,to provide free access to geospatial technology in response to the COVID-19 emergency in Latin America and the Caribbean (LAC). Governments in the region will be able to use a custom COVID-19 solution to track critical equipment and assets availability, manage supply chains, and maintain business continuity.
2020-05-18

CARPHA receiving additional support to fight COVID-19

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.
2020-05-15

Latin America and Caribbean: Tax revenue under threat amid deteriorating regional outlook

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.
2020-05-07

Business leaders unveil recommendations to face COVID-19

April 30, 2020
The Americas Business Dialogue (ABD), a mechanism for advancing a public-private dialogue on public policies, today released a series of recommendations that seek to support the governments of the hemisphere in their health and economic response to the emergency of COVID-19. The 17 measures proposed by ABD can be found in the document Policy Recommendations on Addressing the Coronavirus Disease (COVID-19) Pandemic and Mitigating Its Impacts.
2020-04-30

IDB disburses $25.3 million to support Ecuador’s COVID-19 response

April 16, 2020
Funds will increase capacity of national healthcare system, with focus on hard-hit Guayas province  The Inter-American Development Bank (IDB) has disbursed approximately $25.3 million to the government of Ecuador to strengthen its healthcare services and help meet the medical needs of individuals affected by COVID-19, the disease caused by the novel coronavirus. The funds will be used primarily to prepare intensive-care-unit beds in 28 hospitals and provide protective gear for medical staff in Guayas province.
2020-04-16

IDB launches interactive map of suppliers to respond to the COVID-19 emergency

April 28, 2020
The Inter-American Development Bank, through the ConnectAmericas business platform, launched today an interactive map that allows users to quickly locate and find suppliers of goods and services in Latin America and the Caribbean, and the rest of the world, to face the pandemic of COVID-19.
2020-04-28

IDB report proposes economic policies to help countries overcome sharp contraction

April 09, 2020
The 2020 Latin American and Caribbean Macroeconomic Report analyzes growth scenarios amid coronavirus pandemic Latin America and the Caribbean will see sharp growth reductions of between 1.8 percent and 5.5 percent of GDP in 2020 due to the impact of the coronavirus pandemic.
2020-04-09