July 19, 2019
April 03, 2019
Two new studies on the region examine the current economic landscape and the work that the IDB Group has carried out over the last year. The economy of Central America and the Dominican Republic has continued to grow over the past year, although at significantly different rates depending on the country. For 2018, growth is estimated at 3.8 percent, a level similar to that of 2017, thanks to a robust economic performance by the region´s main trading partner, the United States.
January 23, 2019
The Inter-American Development Bank announced today that starting March 1 Eric Parrado Herrera will take over as the new chief economist and general manager of the IDB’s Research Department. A Chilean national, Parrado is Professor of Economics and Finance at the ESE Business School of Universidad de los Andes in Santiago, Chile, and visiting professor at the University of Oxford and the Central European University.
January 10, 2019
Exports from Latin America and the Caribbean hit their highest level in six years thanks to a 9.9 percent increase in 2018, albeit amid growing downside risks in the future, according to a new report by the Inter-American Development Bank. The region exported $1.08 trillion last year. While this is the highest level since record exports in 2012, the rise fell short of the 12.2 percent growth rate for 2017. The region’s performance also lagged a worldwide trade increase of 11.6 percent for the Jan-Sept period (compared to the same period the previous year).
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
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.
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).
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.
December 15, 2016
Honduras will improve management of its forests with a $25 million loan from the Inter-American Development Bank (IDB). The project is aimed at the recovery of forests affected by weevils, strengthening the system of forest protection and enhancing access to financing linked to fighting global warming. The white pine weevil is a bark-stripping pest that devastates vast areas of forest.
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.