Government spending waste costs Latin America and Caribbean 4.4% of GDP: IDB study

September 24, 2018
Inefficiencies and fraud in procurement, civil service and targeted transfers could be as large as $220 billion a year Report includes policy recommendations to improve spending in healthcare, education, infrastructure and public safety

IDB launches report detailing steps to help avoid social conflicts

September 10, 2018
A new report by the Inter-American Development Bank (IDB) identifies ten key elements that can help projects improve their sustainability and reduce potential social conflicts, from proper community engagement and legal foundations to adequate monitoring of results.

Caribbean leaders launch plan to make region a “climate-smart zone,” with IDB support

December 11, 2017
Paris — The Inter-American Development Bank Group (IDB Group) announced its support for the newly formed Caribbean Climate-Smart Coalition, a public-private initiative aimed at funding an $8 billion investment plan to transform the region into the world’s first “climate-smart” zone and benefit an estimated 3.2 million households in the region.

Bolivia will improve natural disaster risk management with IDB support

November 22, 2017
A $40 million loan will benefit 5,477 homes in the Rocha and Alpacoma basins  Bolivia will seek to improve its resilience to climate events through the reduction of risks in disaster-prone areas with a $40 million loan from the Inter-American Development Bank (IDB). 

Bolivia to rebuild, improve Mairana-Bermejo road with IDB support

November 16, 2017
A $64 million loan will help improve quality and traffic conditions, accessibility and safety of key road in the Santa Cruz Department, benefiting in particular Florida Province farmlands  Bolivia will continue to improve its road network, focusing on enhancing connectivity of its productive centers with national and international markets, by rebuilding and improving the Mairana-Bermejo segment with financing from the Inter-American Development Bank (IDB). 

IDB Group and UK approve innovative £177 million financing program for sustainable infrastructure

November 14, 2017
Bonn, Germany— The Inter-American Development Bank Group, principally through its private-sector arm IDB Invest, and the Department for Business, Energy and Industrial Strategy of the UK (BEIS) announced today they are partnering to create the UK Sustainable Infrastructure Program (SIP).

The IDB and Miami Dade College select eighteen startups from Latin America, the Caribbean and South Florida to participate in Demand Solutions Miami 2017

August 21, 2017
Miami Dade College (MDC) and the Inter-American Development Bank (IDB) will host Demand Solutions Miami on Thursday, Oct. 19, at the Wolfson Campus in Downtown Miami. Eighteen startups in design, fashion, gastronomy, music and multimedia have been selected to participate in a one-of-a-kind conference that will highlight innovation and entrepreneurship that improves lives.

IDB promotes Mesoamerica’s transportation, logistics and integration agenda

August 09, 2017
IDB to finance specialized studies as well as investment and action plans for regional initiatives, with particular emphasis on the Pacific Corridor

Bolivia to improve environmental management with support from IDB

March 08, 2017
Loan of $140 million aimed at modernizing regulatory, institutional and budgetary framework Bolivia will strengthen its system of environmental management in order to promote economic growth that is compatible with environmental conservation, social development and reduction of vulnerability to global warming with a $140 million loan from 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.