IDB Group launches new edition of Superheroes of Development awards for its clients

May 27, 2020
In its third edition, the call for proposals will be virtual and will be open from May 26 to June 29, 2020. The yearly Superheroes of Development award will once again recognize the executing agencies, borrowers or clients of projects financed by the IDB Group (which includes the Inter-American Development Bank, IDB Invest and IDB Lab) that have successfully addressed different challenges in their implementation.
2020-05-27

Paraguay will strengthen public policy and fiscal management to tackle COVID-19

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.
2020-05-18

Latin America and Caribbean: Tax revenue under threat amid deteriorating regional outlook

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.
2020-05-07

IDB disburses $25.3 million to support Ecuador’s COVID-19 response

April 16, 2020
Funds will increase capacity of national healthcare system, with focus on hard-hit Guayas province  The Inter-American Development Bank (IDB) has disbursed approximately $25.3 million to the government of Ecuador to strengthen its healthcare services and help meet the medical needs of individuals affected by COVID-19, the disease caused by the novel coronavirus. The funds will be used primarily to prepare intensive-care-unit beds in 28 hospitals and provide protective gear for medical staff in Guayas province.
2020-04-16

IDB Group announces priority support areas for countries affected by COVID-19

March 26, 2020
The Group will finance a response to the public health emergency; safety nets for vulnerable populations; economic productivity and employment; and fiscal policies to ameliorate economic impacts. The Inter-American Development Bank and IDB Invest have outlined their focus for deploying the financial and technical resources made available to borrowing member countries and companies to address the crisis created by COVID-19, the disease caused by the coronavirus.
2020-03-26

IDB-OECD study calls for better governance, integrity in Latin America and Caribbean

March 18, 2020
Latin America and the Caribbean (LAC) need to strengthen governance and integrity mechanisms to improve the quality and implementation of public policies, reduce corruption and increase public trust in government, according to the third edition of Government at a Glance: Latin America and the Caribbean 2020.
2020-03-18

Government of Colombia and IDB Group agree to reschedule annual meeting

March 10, 2020
Gathering will take place in Barranquilla, Colombia, in the first half of September 2020 The President of Colombia participated via telephone in a meeting of the IDB Board The Board of Executive Directors of the Inter-American Development Bank, in a meeting with the participation of the President of Colombia, Ivan Duque Marquez, announced today that the IDB Group’s 2020 Annual Meeting has been rescheduled and will take place in Barranquilla, Colombia, in the first half of September 2020.
2020-03-10

Paraguay will consolidate regulatory framework reform to move toward new economy

March 05, 2020
IDB supports program that will benefit 61 percent of the population and 20 percent of Paraguay's households  Paraguay plans to modernize its regulatory framework and strengthen its government policies designed to move toward the new age economy with a loan of $90 million approved by the Inter-American Development Bank (IDB).
2020-03-05

IDB seeks to renew Central America development agenda for the next decade

February 20, 2020
The 34th meeting of governors of Central American and the Dominican Republic, to be held in El Salvador, will debate the region's new development challenges and how to address them Governors of Inter-American Development Bank member countries from Central America and the Dominican Republic will gather February 21-22 in San Salvador, the capital of El Salvador, for their 34th annual meeting to address the challenges that the region faces in this new decade.
2020-02-20

Colombia will promote the productivity of companies with IDB support

December 12, 2019
Program will contribute to the financing of investments of smaller companies in energy efficiency projects and in the creation of a market for the orange economy Colombia will contribute to the improvement of the productivity of smaller companies (EMT) through financing channeled by Bancoldex, with the support of a conditional credit line for investment projects of $600 million approved by the Inter-American Development Bank (IDB) .
2019-12-12