Government spending waste costs Latin America and Caribbean 4.4% of GDP: IDB study

September 24, 2018
Inefficiencies and fraud in procurement, civil service and targeted transfers could be as large as $220 billion a year Report includes policy recommendations to improve spending in healthcare, education, infrastructure and public safety

IDB launches report detailing steps to help avoid social conflicts

September 10, 2018
A new report by the Inter-American Development Bank (IDB) identifies ten key elements that can help projects improve their sustainability and reduce potential social conflicts, from proper community engagement and legal foundations to adequate monitoring of results.

IDB Group and Civil Society discuss sustainable development challenges in Latin America and the Caribbean

November 07, 2017
More than 500 civil society representatives from 26 nations and international experts share knowledge on innovation from the perspective of future jobs, intelligent cities, the digital economy and social innovation SANTA CRUZ, Bolivia – More than 500 representatives from Latin American and Caribbean Civil Societies organizations met in Santa Cruz, Bolivia, with senior Inter-American Development Bank (IDB) officials to discuss ways to put innovation at the service of sustainable development.

IDB promotes Mesoamerica’s transportation, logistics and integration agenda

August 09, 2017
IDB to finance specialized studies as well as investment and action plans for regional initiatives, with particular emphasis on the Pacific Corridor

IDB Group pledges $750 million for key infrastructure projects in the Northern Triangle

June 14, 2017
Combined resources from the IDB Group, private investors and the governments of El Salvador, Guatemala and Honduras would finance projects in energy, transportation, water, tourism The Inter-American Development Bank and the governments of El Salvador, Guatemala and Honduras today announced an initiative to unleash an unprecedented series of infrastructure investments as a complement to funding already being provided under the Plan of the Alliance for the Prosperity of the Northern Triangle.

Lowering fiscal and external vulnerability the key to promoting growth in Central America and the Dominican Republic

February 09, 2017
Regional IDB Governors meet in Washington to analyze economic prospects for 2017 The modest recovery in the United States and continuing favorable financial conditions in 2017 will also represent sources of economic stimulus throughout the year for the countries of Central America and the Dominican Republic, which will translate into growth of around 3.9 percent in 2017. Internal financial and monetary reforms should ensure price stability and the health of the banking system.

Civil Society Groups and the IDB debate best path for sustainable Development in Latin America and the Caribbean

November 08, 2016
More than 400 representatives of non-governmental organizations and the private and public sectors meet for two-day forum in the Dominican Republic ***Watch the proceedings via Livestream Nov. 8-9***

IDB President, experts to talk to members of media accredited to the Habitat III Conference in Quito, Ecuador

October 15, 2016
Habitat, the main global conference on Housing and Sustainable Urban Development, is being held for the first time in Latin America The Inter-American Development Bank (IDB) will have a strong presence in the Habitat III Conference to be held in Quito, Ecuador, Oct. 17-20, 2016.

The Presidents of El Salvador, Guatemala, and Honduras and the Vice President of the United States to meet at the Inter-American Development Bank on Friday, September 23

September 22, 2016
IMPORTANT NOTICE TO THE MEDIA: PLEASE NOTE DEADLINE FOR REGISTRATION Presidents Salvador Sánchez Cerén of El Salvador, Jimmy Morales of Guatemala and Juan Orlando Hernández of Honduras will meet with Vice President of the United States Joe Biden, and Inter-American Development Bank (IDB) President Luis Alberto Moreno on Friday, September 23, 2016, at the IDB. The meeting will also be attended by the foreign ministers of Chile, Colombia, and Mexico.

IIC finances first-ever utility scale solar PV power plant in El Salvador

June 02, 2016
The Inter-American Investment Corporation (IIC), acting on behalf of the Inter-American Development Bank (IDB) Group, has joined efforts with Providencia Solar S.A. de C.V. to finance the construction of the first-ever commercial-scale solar photovoltaic (PV) energy project in El Salvador.