Study analyzes challenges faced by Central America as it seeks sustainable development

July 19, 2019
A new publication uses analysis of trade, investment, migration, the financial sector, raw materials, and natural resources to propose policy options The Inter-American Development Bank and the Latin American Center for Competitiveness and Sustainable Development (CLACDS) of INCAE Business School have presented in San Jose, Costa Rica, a book entitled “The Future of Central America: Challenges for Sustainable Development”,  w

First quarter exports from Latin American and Caribbean fall: IDB report

June 18, 2019
The value of exports from Latin American and the Caribbean fell by 1.6 percent in the first quarter of 2019 compared to the same period in 2018. The decrease was caused by lower export volumes and falling commodity prices.

Latin American and Caribbean exports rise but at a slower rate

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).

Declining Export Competitiveness: Latin America Urgently Needs a Quality Leap

November 14, 2018
BUENOS AIRES—In the first quarter of 2018, the value of exports from Latin America and the Caribbean grew at a year-on-year rate of 9.7 percent in comparison with the same period in 2017, according to a new report from the Inter-American Development Bank (IDB). However, this growth has come amid signs that the region is becoming less competitive amid rising economic risks and global trade tensions.

Honduras to boost competitiveness of logistics and transport sector with support from IDB

October 17, 2018
LOAN OF $90 MILLION AIMS FOR IMPROVEMENTS IN LOGISTICAL PERFORMANCE THROUGH AN AMBITIOUS REFORM PROGRAM The Inter-American Development Bank (IDB) has approved a $90 million loan for Honduras to implement an ambitious program of reforms in the transport and freight logistics sector, with the goal strengthening the country’s competitiveness and regional integration through improved logistics.

Artificial intelligence to boost Latin American and Caribbean economies: IDB study

August 29, 2018
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).

IDB supports access to home improvement financing for low-income families in El Salvador

June 24, 2014
$5 million loan from Opportunities for the Majority to Habitat for Humanity El Salvador to benefit nearly 8,000 families at the Base of the Pyramid The Opportunities for the Majority (OMJ) sector at the Inter-American Development Bank (IDB) approved a $5 million loan to Habitat for Humanity El Salvador (HPHES) to support increased access to home improvement financing for the Base of the Pyramid (BOP) in El Salvador. 

IDB to help finance student loans in six Latin American countries

February 01, 2012
IDB loan to Higher Education Finance Fund will pave the way for increased student loans in Guatemala, Honduras, Dominican Republic, Peru, Bolivia, and Paraguay The Inter-American Development Bank (IDB) will help expand the access to higher education in Latin America and the Caribbean by providing a $10 million loan to the Higher Education Finance Fund, L.P. (HEFF), a regional debt fund that seeks to offer student loans through local microfinance organizations.

ProCredit gets $2 million IDB loan to finance communal water projects in El Salvador

January 27, 2012
Project to help expand and improve access to clean and affordable water to as many as 14,000 low-income families in El Salvador The Inter-American Development Bank (IDB) will help expand and improve access to clean and affordable water to poor communities in El Salvador by providing a $2 million loan to Banco ProCredit S.A to start a credit and technical assistance program for communal water projects throughout the country.

IDB, Covelo Foundation to foster renewable energy use in Central America

October 27, 2011
As many as 6,000 low-income families in isolated rural areas in Honduras, El Salvador and Belize to get access to solar energy The Inter-American Development Bank (IDB) will provide a loan of up to $3 million for Fundación José María Covelo to establish credit lines that will enable as many as 6,000 Central American families in isolated rural communities with no access to the electricity grid to buy solar power systems.