Latin American and the Caribbean Exports Fall After Two Years of Growth

December 12, 2019
The value of exports from Latin America and the Caribbean will decrease by 2.4 percent in 2019 after two years of robust growth, according to a new report by the Inter-American Development Bank that analyzes the trade performance of 25 countries in the region.

IDB announces Green Bond Transparency Platform at COP25

December 11, 2019
MADRID, Spain ‒ The Inter-American Development Bank (IDB) announced the creation of the Green Bond Transparency Platform (GBTP), an innovative digital tool that brings greater transparency to the Latin American and Caribbean’s green bond market. The announcement was made at an event hosted by the IDB during the United Nations Climate Change Conference (COP25), under the presidency of Chile, in Madrid, Spain.

Reducing Trade Costs Could Increase commerce with Asia by US$69 billion: IDB Report

December 09, 2019
Exports from Latin America and the Caribbean to Asia could grow 27 percent in the medium term if trade costs associated with tariffs, transportation, and logistics are reduced, according to a new report from the Inter-American Development Bank.

Ecuador will improve its competitiveness with IDB support

December 05, 2019
A $42 million loan will improve innovation, productivity and reduce transaction costs for public service users Ecuador will improve competitiveness through the strengthening of institutions that contribute to the business environment and productivity, with a $42 million loan approved by the Inter-American Development Bank (IDB).

Trade liberalization has boosted Latin American and Caribbean economies, IDB study finds

November 25, 2019
However, governments need to do more to shore up support for trade and ensure benefits are more widely attained Latin America and the Caribbean region saw faster economic and wage growth thanks to a lowering of trade barriers, a new report by the Inter-American Development Bank shows. The study also provides policy recommendations to ensure the region is better positioned to take advantage of trade liberalization and make its benefits more tangible to citizens.

IDB will hold Policy Dialogue and Forum on Better Management and Public Expenditure

October 31, 2019
Decision-makers and experts from Latin American and Caribbean countries will hold the Regional Fiscal Policy Dialogue and the Third International Forum of the Decentralization Network and Subnational Fiscal Management in Sao Paulo, Brazil, which will address the issue of better management and quality of public spending  The Inter-American Development Bank (IDB), through the Fiscal Management Division, will conduct the Regional Fiscal Policy Dialogue and the Third International Forum of the Decentralization and Subnational Fiscal Management Network of Latin America and the

IDB study diagnoses investment promotion agencies in Latin America

October 25, 2019
Resources, presence overseas and the level of targeting of Investment Promotion Agencies (IPAs) contribute considerably to attracting greater volumes of foreign direct investment and to bringing multinational companies to their respective countries, according to a study by the Inter-American Development Bank.

IDB launches coalition to promote cross-cutting skills in the 21st century

October 21, 2019
Today, the Inter-American Development Bank (IDB), together with 22 partners from the public and private sector, announced the launch of a 21st century skills coalition that will support the implementation of a new generation of education and training policies in Latin America and the Caribbean. This coalition will provide more than US$34.7 million in funding to support projects that will promote these skills among children and youth in the region.

IDB, Germany and Switzerland partner to transform vocational training in LAC

October 18, 2019
Multi-donor fund of US$13 million will accelerate the transformation of technical and vocational education and training in Latin America and the Caribbean. The Inter-American Development Bank (IDB), the Federal Ministry for Economic Cooperation and Development of Germany (BMZ) and the Government of Switzerland, represented by the Swiss Agency for Development and Cooperation (SDC), have launched the TVET Fund, a new multi-donor fund that aims to transform

Norway renews its commitment to the IDB transparency fund

October 17, 2019
A new donation of $2.2 million by Norway to transparency and integrity through a three-year contribution to support institutional and regulatory reform for the region The Transparency Fund is the main tool of the Inter-American Development Bank’s (IDB) to support its member countries in developing and implementing transparency and integrity reforms. The Government of Norway is one of the founding members of the (IDB)  Transparency Fund (AAF).