IDB bolsters Barbados’ macroeconomic emergency program

Tuesday, November 6, 2018 - 10:26
THE $100 MILLION LOAN IS INTENDED TO SUPPORT RESTORING BARBADOS’ ECONOMIC STABILITY, PROMOTE GROWTH, AND IMPLEMENT REFORMS Relying upon a $100 million loan from the Inter-American Development Bank (IDB), the Government of Barbados seeks to regain macroeconomic stability, implement fiscal adjustment measures that foster a sustainable fiscal balance in the short and medium term, and protect social spending programs for the most vulnerable Barbadians.

IDB and AFD pledge to enhance co-financing for Latin America and the Caribbean

Thursday, October 11, 2018 - 17:13
The Inter-American Development Bank (IDB) President Luis Alberto Moreno and Agence Française de Développement (AFD) CEO Rémy Rioux signed a partnership framework agreement to enhance co-financing of projects which sets the target to reach at least US$1 billion co-financing over the next three years. This agreement effectively builds upon the IDB-AFD partnership formalized in 2015.

IDB to join new Caribbean Climate-Smart Accelerator to facilitate $1bn of investments

Thursday, August 9, 2018 - 10:23
Backed by 26 Caribbean governments and the private sector, the Accelerator will fast-track investments which support climate action and economic growth    The Inter-American Development Bank announced today that it will partner with the Caribbean Climate-Smart Accelerator to program and implement the additional $1 billion in funds that it pledged for climate smart-investments across the Caribbean region at the Paris One Planet summit on December 12, 2017.