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.

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

April 15, 2016
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

December 16, 2014
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.

Nicaragua improves ability to respond to natural disasters with IDB support

November 27, 2013
$186 million contingent loan will help country with earthquakes, floods, and hurricanes The Inter-American Development Bank (IDB) has approved a $186 million contingent loan to help Nicaragua mitigate the impact that severe or catastrophic natural disasters could have on its public finances.

IDB approves $153 million in loans to set up IDB-China Eximbank Equity Investment Platform

November 29, 2012
The Inter-American Development Bank (IDB) has approved as much as $153 million in loans for the establishment of a new equity investment platform for Latin America and the Caribbean in partnership with the Export-Import Bank of China (China Exim).

IDB supports innovative rent-to-own pilot housing program in Nicaragua

May 17, 2012
The loan will finance a pilot program to expand mortgage lending for low-income, informally employed Nicaraguans The Inter-American Development Bank (IDB) today approved a $10 million loan to Banco de Finanzas S.A. (BDF), a leading commercial bank in Nicaragua, to finance a pilot housing project that will pave the way for low-income families working in the informal sector to get access to mortgage financing.

IDB, China Eximbank further advance in the creation of equity investment platform for Latin America and the Caribbean

March 19, 2012
MONTEVIDEO, Uruguay – The Inter-American Development Bank (IDB) and the Export-Import Bank of China (China Eximbank) are advancing in the creation of an investment platform for Latin America and the Caribbean that will mobilize as much as $1 billion for equity investments to promote sustainable economic development in the region.

Report: weak dollar, inflation blunting purchasing power of remittances

March 14, 2011
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 will help Nicaragua improve public sector financial management

October 14, 2010
Nicaragua’s public sector will improve the efficiency and transparency of its public expenditure management and will modernize its processes and systems of financial administration with the help of a $10 million loan from the Inter-American Development Bank.

IDB, Caribbean leaders discuss how to achieve resilient growth after the crisis

October 01, 2010
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.