IDB boosts support for small and medium-size infrastructure investments in Latin America

December 23, 2010
The Inter-American Development Bank (IDB) will boost its support for small and medium-size infrastructure investments in Latin America and the Caribbean by providing as much as $60 million in new financing for Corporación Interamericana para el Financiamiento de Infraestructura S.A. (CIFI).

IDB’s President Moreno says greater integration with Asia is helping Latin American growth

November 18, 2010
Rising trade and investment with Asia has helped increase exports from Latin America and the Caribbean and the region’s contribution to the growth of the world economy, said Luis Alberto Moreno, President of the Inter-American Development Bank (IDB), during his visit to India this week. Higher incomes in Asia, particularly India and China, are opening opportunities for the region’s goods and services, especially high-quality ones: from natural and unique grass fed beef, renowned wines, and specialized coffees to the high-quality services of architects and engineers, Moreno said.

More trade and cooperation needed between India and Latin America, study says

November 16, 2010
NEW DELHI – India and Latin American and the Caribbean can mutually benefit from closer trade ties and must work together to reduce trade costs and eliminate barriers, according to a study presented during an event today organized by the Global Development Network (GDN), the National Council for Applied Economic Research (NCAER) and the Inter-American Development Bank (IDB).

IDB holds public consultation on Strategy for Institutions for Growth and Social Welfare

November 10, 2010
The Inter-American Development Bank (IDB) started on Nov. 4 the first phase of public consultations on the development of its new Strategy for Institutions for Growth and Social Welfare (SIGS).

IDB begins public consultation on Strategy on Social Policy for Equity and Productivity

November 09, 2010
The IDB is initiating the first phase of public consultation on the development of its new Strategy on Social Policy for Equity and Productivity. The Strategy under development will guide the Bank’s operational and analytical work in social areas, with the objective of improving impacts on equity and productivity. 

IDB begins public consultation on new regional and global competitive integration strategy

November 04, 2010
The Inter-American Development Bank (IDB) is announcing the start of the first phase of public consultations on the development of its new Regional and Global Competitive Integration Strategy.

IIC receives strong financial support from IDB

November 02, 2010
On October 28, 2010, the Inter-American Investment Corporation (IIC) and the Inter-American Development Bank (IDB) signed an amendment to the lending operation whereby the IIC was granted special pricing and the extension to the disbursement period of the $300 million Multisector Credit Program until November 20, 2015, was officially disclosed. The IIC has used $100 million under the facility, which was approved in 1996. Amounts used under the facility mature 15 years after disbursement.

IDB launches Public Consultation for its Latin American and Caribbean Climate Change Strategy

October 28, 2010
The Inter-American Development Bank (IDB), the largest source of multilateral financing for Latin America and the Caribbean, has launched a broad public consultation on the draft of its Integrated Strategy for Climate Change Adaptation and Mitigation, and Sustainable and Renewable Energy. This public consultation includes a 90-day online forum in addition to meetings with representatives of civil society, including non-governmental organizations across the region and in Washington DC. The consultation is a critical step toward the adoption of a new climate change strategy.

IDB welcomes CMBC to its Trade Finance Facilitation Program - TFFP

October 21, 2010
CHENGDU, China – The Inter-American Development Bank (IDB) announced today the incorporation of China Minscheng Banking Corporation (CMBC) as a Confirming Bank into the IDB Trade Finance Facilitation Program (TFFP). The signing took place during the China-LAC Business Summit, held in Chengdu, China, on October 21st and 22nd, 2010.

IDB and CCPIT strengthen ties of cooperation

October 21, 2010
CHENGDU, China – The President of the Inter-American Development Bank (IDB), Luis Alberto Moreno, and the Chairman of the China Council for the Promotion of International Trade (CCPIT), Wan Jifei, today signed a memorandum of understanding to work together to promote initiatives to benefit the IDB borrowing member countries in Latin America and the Caribbean.