IDB launches Superheroes of Development contest to recognize executing agencies

March 04, 2019
In its second edition, the call for proposals will be open from March 4th to May 17th, 2019. The Superheroes of Development Award will recognize executing agencies of IDB-financed projects that have successfully addressed challenges during its implementation. The contest will identify eight finalists from across Latin America and the Caribbean who will travel to IDB’s Headquarters in Washington, D.C. to present their solutions.

Paraguay to boost availability and quality of agricultural data with support from IDB

December 01, 2017
Plan will facilitate decision-making for public- and private-sector actors, benefit 300,000 farmers and others in the agricultural chain Paraguay aims to enhance the availability and quality of agricultural data to support decision-making by public- and private-sector actors, with the help of a $15 million loan approved by the Inter-American Development Bank. The project will finance implementation of the census system and farming surveys. Agriculture is a key sector of the Paraguayan economy, accounting for 25% of GDP, 30% of all jobs and 60% of exports.

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

November 07, 2017
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).

IDB Convenes Caribbean Agricultural Policy Forum in Suriname

July 27, 2017
PARAMARIBO, Suriname – On July 25, 2017, the Ministers of Agriculture of Suriname, Guyana, Haiti, and the Dominican Republic, as well as representatives of the Ministries of Agriculture of Jamaica, Belize, Barbados and The Bahamas participated in the Caribbean Agricultural Policy Forum organized by the Inter-American Development Bank (IDB).

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

February 09, 2017
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.

Suriname improves governance and strengthens its energy sector with IDB loan

June 08, 2016
Project to support the development of an institutional and regulatory policy framework to enhance the nation’s energy sector and its government institutions Suriname will increase the efficiency, transparency, sustainability and accountability of its energy sector, supported by a $70 million loan approved by the Inter-American Development Bank (IDB). It will be able to provide more reliable and sustainable energy to its citizens, and in the process, will both improve the supply of electricity and foster the reduction in its reliance on fossil fuels.

Inter-American Development Bank committed to supporting the Caribbean’s economic growth

March 04, 2016
The IDB’s Caribbean Regional Governors meet in Washington, D.C. to analyze 2016 economic outlook The Inter-American Development Bank (IDB) hosted the Fifth Annual Meeting of the Governors of the Caribbean Country Department (CCB) in Washington on March 3-4. The meeting was to exchange ideas, discuss their economies, and what role the IDB can play.

Inter-American Development Bank to promote soybean industrialization in Paraguay

November 18, 2014
Loan of $94.7 million supports the industrialization and competitiveness of Paraguay’s agribusiness sector The Inter-American Development Bank (IDB) signed a $94.7 million loan to support the industrialization of Paraguay’s soybean complex through financing of CAIASA, a new soybean crushing plant, which will be the largest in country.

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

October 10, 2011
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

July 20, 2011
$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.