Wednesday, August 29, 2018 - 11:43
Study also urges governments to anticipate consequences of artificial intelligence in labor markets BUENOS AIRES – Artificial intelligence can facilitate trade negotiations and add one additional percentage point of growth to Latin American and the Caribbean economies, according to a study by the Inter-American Development Bank (IDB).
Tuesday, August 3, 2010 - 03:00
The Inter-American Development Bank (IDB) published today on its Web site the report that provides the strategic direction for the Bank over the next decade. The Report on the Ninth General Increase in the Resources of the Inter-American Development Bank establishes the IDB’s strategic priorities, institutional reforms and accountability for results related to the Bank’s capital increase. The report also details the financial terms and conditions to implement the general capital increase.
Thursday, July 22, 2010 - 03:00
Member countries provide strategic vision and accountability framework Bank will expand support to small and vulnerable countries Key goals include reducing poverty and inequality, promoting regional integration and sustainable energy, helping countries tackle climate change At the end of a 60-day voting period, the Board of Governors of the Inter-American Development Bank offered broad support for the approval of the financial terms for a $70 billion increase of the Bank’s ordinary capital.
Wednesday, May 12, 2010 - 03:00
More information on Board proceedings, projects in execution New classification system for documents and review mechanism Early access to key documents New policy to go into effect in January 2011. The Inter-American Development Bank (IDB) today approved its new Access to Information Policy, which aims to bring an unprecedented level of transparency to IDB operations and Board proceedings.
Multilateral Development Banks (MDBs) step up their fight against corruption with joint sanction accord
Friday, April 9, 2010 - 03:00
LUXEMBOURG –Taking a major step in the global fight against fraud and corruption, leading Multilateral Development Banks (MDBs) today signed an agreement to cross debar firms and individuals found to have engaged in wrongdoing in MDB-financed development projects.
Tuesday, March 23, 2010 - 03:00
CANCUN, Mexico – The Inter-American Development Bank applied 52 sanctions—36 to individuals and 16 to firms—as a result of 152 investigations of alleged fraud and corruption cases carried out during 2009, according to a report released today. The 2009 Annual Report of the IDB’s Office of Institutional Integrity (OII) describes the Bank’s efforts to prevent and investigate the occurrence of prohibited practices in the activities financed by the IDB Group. It offers a detailed account of a sample of the 309 inquiries and allegations—a record number—received by OII.
Wednesday, February 17, 2010 - 03:00
The Inter-American Development Bank (IDB) approved today a new policy to establish the Independent Consultation and Investigation Mechanism. The policy will give better access to communities to express their concerns on Bank financed-projects in their countries and monitor their execution. The new policy is part of ongoing efforts by the IDB to increase the transparency, accountability and effectiveness of its actions.
Friday, January 22, 2010 - 03:00
The Inter-American Development Bank today announced the appointment of Brigida Benitez as Chief of its Office of Institutional Integrity (OII), which investigates allegations of fraud and corruption in IDB-financed projects. A nationally recognized litigator and former partner of the WilmerHale law firm in Washington, DC, she will start on her new post on January 25, 2010.
Tuesday, December 8, 2009 - 03:00
Outside members to participate in IDB sanctioning body Whistleblower protections bolstered Bank approves action plan to help countries reduce corrupt practicesThe Inter-American Development Bank has developed a major overhaul of its anti-corruption framework to ensure that allegations of corruption in Bank financed activities are investigated and sanctioned more quickly, and whistleblowers enjoy stronger protections than before. The IDB is also strengthening the support it provides to countries to battle corruption.
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.