July 09, 2020
Honduras will ensure the sustainability of its public finances, increase social spending on the COVID-19 crisis and protect its monetary and financial stability with a $76.2 million loan from the Inter-American Development Bank (IDB).
The budgetary support loan will help finance efforts to contain the pandemic, mitigate its effect on poor households, and promote counter-cyclical policies that will ease the crisis' short-term effect on the economy.
July 07, 2020
Careful sequencing of fiscal policies is key to growing sustainably and equitably after the pandemic
Latin America and the Caribbean needs a new social compact of economic policies to ensure more inclusive growth following the pandemic, according to a new report by the Inter-American Development Bank (IDB).
July 07, 2020
The Smarter Crowdsourcing initiative brings together a network of public leaders and global experts to address the challenges of managing a pandemic in Latin America and the Caribbean.
Brooklyn, NY – The Inter-American Development Bank (IDB) together with The Governance Lab (The GovLab) at New York University Tandon School of Engineering, today launched “Smarter Crowdsourcing in the Age of Coronavirus.” This rapid policy advising initiative convenes pu
June 29, 2020
The three winners of the 2020 IDB-FEMSA Award to innovation in water, sanitation and solid waste will receive up to US $10,000
The Inter-American Development Bank and the FEMSA Foundation announced the launching of the 2020 IDB-FEMSA Awards, which since 2009 recognize the most innovative solutions in the water, sanitation and solid waste management sectors.
June 22, 2020
Costa Rica will receive a $250 million loan from the Inter-American Development Bank (IDB) to finance its efforts to contain the COVID-19 sanitary crisis and mitigate its impacts on the economy.
The budget-support, fast disbursement loan is in line with a rapid financial assistance (RFI) arrangement approved in April by the International Monetary Fund to help tackle the COVID-19 emergency and its effects on the country’s economy.
June 19, 2020
Colombia is taking steps to strengthen its productive development and fostering economic diversification and growth as well as social inclusion with a $850 million loan approved by the Inter-American Development Bank (IDB).
The project includes the adoption of public policies that promote innovation, entrepreneurship and business productivity, all of which are considered essential to help the country recuperate from the impacts of the COVID-19 pandemic.
June 16, 2020
Selected projects may receive up to US$500,000 in grants and up to US$2 million in loans
June 12, 2020
Areas of study are greater efficiency in spending and public services, the tax-raising potential of the digital economy, and maximizing the benefits of remittances
Using technology can help in major economic sectors hit by the COVID-19 pandemic, such as remittances and public finances. As remittances decline, technology applied to international money transfers can generate efficiencies that help maximize the amount of money reaching recipients.
May 18, 2020
A $210 million loan from the IDB and KIF will address public health and economic impact caused by the pandemic
The Inter-American Development Bank (IDB) approved today a loan for Paraguay to strengthen the efficiency and effectiveness of its public policy and fiscal management to address the public health and economic crises triggered by COVID-19.
May 07, 2020
Tax revenues in Latin America and the Caribbean (LAC) increased to 23.1% of GDP on average in 2018, according to the new edition of Revenue Statistics in Latin America in the Caribbean published today. However, these gains are now under threat as a result of the region’s deteriorating fiscal outlook, which has been exacerbated by the COVID-19 pandemic and the global economic crisis.