More than 3,000 business meetings held at LAC Flavors Argentina 2017

Tuesday, November 7, 2017 - 19:00
Buenos Aires, Argentina- More than 560 food exporting companies from Latin America and the Caribbean (LAC) met with 120 international buyers from five continents at LAC Flavors 2017, where they closed transactions valued at a projected amount of $152 million, according to preliminary data from the Inter-American Development Bank (IDB).

Lowering fiscal and external vulnerability the key to promoting growth in Central America and the Dominican Republic

Thursday, February 9, 2017 - 03:00
Regional IDB Governors meet in Washington to analyze economic prospects for 2017 The modest recovery in the United States and continuing favorable financial conditions in 2017 will also represent sources of economic stimulus throughout the year for the countries of Central America and the Dominican Republic, which will translate into growth of around 3.9 percent in 2017. Internal financial and monetary reforms should ensure price stability and the health of the banking system.

IDB’s Moreno signs projects to increase microfinance services in rural areas in Central America

Monday, October 10, 2011 - 03:00
Six MIF projects signed during Foromic will enhance access to micro credit, promote enterprise development and foster innovation in financial services SAN JOSÉ, Costa Rica – The Multilateral Investment Fund (MIF), a member of the IDB Group, signed contracts to invest nearly $7 million in three projects to increase and improve the offering of microfinance services to microentrepreneurs and small farmers in rural areas in Honduras, Guatemala, Costa Rica, and Nicaragua.

Mexico to boost agricultural and fisheries productivity

Wednesday, July 20, 2011 - 03:00
$190 million IDB loan for program to reach fivemillion rural producers The Inter-American Development Bank today approved a $190 million loan to Mexico to promote sustainable increases in agriculture and fisheries productivity. The Mexican government, through its Department of Agriculture (SAGARPA, for its Spanish acronym), will contribute $74.4 million, bringing the total investments to $264.4 million and benefitting around five million rural producers.

IDB releases its 2010 Development Effectiveness Report

Wednesday, March 23, 2011 - 03:00
Report evaluates Bank’s efforts in measuring its development impact in Latin America and the Caribbean The Inter-American Development Bank (IDB) has made strides to boost transparency, accountability and enhance the development impact of its investments in Latin America and the Caribbean, according to the new edition of the IDB’s 2010 Development Effectiveness Overview.

Agricultural revenues, employment in Latin American tropical areas likely to decline with deforestation ban

Friday, January 28, 2011 - 12:16
Farmers in Latin America and Caribbean will see billions in lost revenue over the next two decades if a complete ban on deforestation is put in place, highlighting the need for compensatory actions to alleviate poverty in affected rural areas, according to new pilot study by the Inter-American Development Bank (IDB). The study also found that a deforestation ban would have a negligible impact on food prices.

Mexico’s Agrofinanzas will offer 2,000 microloans to small sunflower producers with IDB guarantee

Monday, August 16, 2010 - 03:00
Small sunflower producers in Mexico will obtain up to 2,000 microloans from Agrofinanzas S.A., a local financial institution, with support from a partial credit guarantee of up to US$5 million from the Inter-American Development Bank (IDB). The operation is part of a supply chain project, which includes the commitment of the food & beverage company PepsiCo Mexico to purchase the production of sunflower oil produced by the network of small farmers.

IDB approves a $750 million loan for Mexico’s agriculture sector

Wednesday, September 9, 2009 - 03:00
The Inter-American Development Bank has approved a conditional credit line to support rural areas in  Mexico, along with a first operation for $750 million for the operation of an enhanced farmers income transfer program (Programa de Apoyos Directos al Campo, PROCAMPO). The approved credit line totals $2.5 billion and it includes two other individual loans to be approved in coming years.

IDB Annual Meeting concludes with countries vowing action on crisis

Tuesday, March 31, 2009 - 03:00
Governments approve kicking off process to review IDB capital levels. Seminars, dialogues, exhibitions and debates mark IDB’s 50-year anniversary.MEDELLÍN, Colombia – For nearly a week ending today, this picturesque and thriving city transformed itself into the economic epicenter of Latin America and the Caribbean.

IDB Annual Meeting agenda highlights - March 30

Monday, March 30, 2009 - 03:00
Second and last day of official sessions of the Annual Meeting of the Board of Governors of the Inter-American Development Bank, at the Plaza Mayor Convention Center. Representatives of the 48 member-countries are discussing during the two-day meeting the economic situation of Latin America and the Caribbean and ways the IDB can increase support to the region. In the evening, after the closing session, a socio-cultural event with artist Carlinhos Brown will take place at the Metropolitan Theater. 9:00 a.m. - 1:00 p.m.