Spain makes contribution to IDB’s migration initiative

March 20, 2019
Event on migration analyzes impact on Latin America MADRID - Spain has made a $5 million contribution to help the Inter-American Development Bank (IDB) tackle urgent development challenges posed by the rise of transborder migrations in Latin America and the Caribbean. The contribution was announced at the conference Migration and Cities: The Road to Inclusive Integration held March 20, 2019 in Madrid.

Better management of tight budgets could help Latin American and Caribbean governments to raise living standards - OECD/IDB

December 06, 2016
SANTIAGO, Chile – Governments in Latin America will need to improve public sector management and capacity – including budget allocation – to compensate for the pressure on public finances from sliding commodity prices, according to a new report by the OECD and Inter-American Development Bank covering more than 15 countries in the region.

Finance ministers discuss deeper regional integration to stimulate growth and development in LAC

October 05, 2016
Latin America and the Caribbean is urged to implement a bold integration agenda Finance ministers of the Americas and the Caribbean, and the heads of the Inter-American Development Bank, International Monetary Fund, the World Bank and the U.S. Department of Treasury met today at the IDB to discuss policy options for relaunching regional integration to stimulate growth and contribute to long-term development in the region.

Peru’s BanBif gets $20 million subordinated loan from the IDB to boost mortgage lending

January 30, 2012
IDB financing to support BanBif’s business strategy to target middle-income markets The Inter-American Development Bank (IDB) closed and disbursed a $20 million subordinated loan to Banco Interamericano de Finanzas of Peru (BanBif) that will pave the way for increased mortgage lending.

Report: weak dollar, inflation blunting purchasing power of remittances

March 14, 2011
After stabilizing in 2010, money transfers to Latin America and the Caribbean are poised to rise this year, according to the MIF Remittances to Latin America and the Caribbean are likely to rise this year after stabilizing during 2010, although a weaker dollar and higher inflation are reducing their purchasing power in many countries, according to the Inter-American Development Bank’s Multilateral Investment Fund (MIF).

IDB, Caribbean leaders discuss how to achieve resilient growth after the crisis

October 01, 2010
NASSAU, Bahamas – The Hon. Hubert Alexander Ingraham, Prime Minister of The Bahamas, Inter-American Development Bank (IDB) President Luis Alberto Moreno and the Caribbean Development Bank (CDB) President Compton Bourne opened today a forum that brings together the Governors of the IDB from Caribbean member countries with other government officials, policymakers, members of academia and businessmen.

IDB Board of Governors receives General Capital Increase document for formal vote

May 21, 2010
The Board of Governors of the Inter-American Development Bank, which oversees the Bank’s operations in representation of the 48 member countries, on Friday received a Report that sets up a formal vote for the Bank’s Ninth General Capital Increase.

IDB sees turning point in remittances to Latin America and the Caribbean

May 06, 2010
MEXICO CITY – Remittances to Latin America and the Caribbean are showing signs of stabilizing and could register a single-digit increase this year, following last year’s sharp drop due to the global economic crisis, Inter-American Development Bank President Luis Alberto Moreno said today.  

IDB approves financial mechanism to provide up to $100 million to Haiti

April 15, 2010
The Board of Executive Directors of the Inter-American Development Bank announced the approval of an Account for the Administration of Donor Resources for Haiti, which may receive contributions totaling up to $100 million from the countries in the Union of South American Nations (UNASUR). UNASUR  includes Argentina, Bolivia, Brazil, Chile, Colombia, Ecuador, Guyana, Paraguay, Peru, Surinam, Uruguay and Venezuela.

Juscelino Kubitschek Award receives nominations from 144 institutions

April 20, 2009
The first Juscelino Kubitschek Award, created by the Inter-American Development Bank (IDB) to recognize institutions that have made a significant contribution to social and economic development in Latin America and the Caribbean, has drawn nominations from 144 organizations in the Americas and Europe.