IDB announces winner of the 2019 Superheroes of Development Award

Monday, September 16, 2019 - 17:37
The winning IDB-financed project developed a new solution to monitor public infrastructure works and to empower citizens to evaluate the use of public resources in Honduras. WASHINGTON D.C., September 12, 2019. The Inter-American Development Bank (IDB) announced the winner of the Superheroes of Development contest, an award given to executing agencies that have successfully implemented innovative solutions in projects financed by the IDB.

Hurricane Dorian: IDB provides $100 million in emergency funding line to The Bahamas

Friday, September 6, 2019 - 14:32
The Inter-American Development Bank will provide $100 million to help finance humanitarian and reconstruction efforts in The Bahamas, following widespread loss of life and destruction caused by Hurricane Dorian.

Study analyzes challenges faced by Central America as it seeks sustainable development

Friday, July 19, 2019 - 09:40
A new publication uses analysis of trade, investment, migration, the financial sector, raw materials, and natural resources to propose policy options The Inter-American Development Bank and the Latin American Center for Competitiveness and Sustainable Development (CLACDS) of INCAE Business School have presented in San Jose, Costa Rica, a book entitled “The Future of Central America: Challenges for Sustainable Development”,  w

Members of international community discuss collaboration in support of Venezuela

Monday, July 8, 2019 - 16:13
Representatives of cooperation agencies, along with directors and counselors of the Inter-American Development Bank’s (IDB) member countries, met this morning with the Bank's administration at the institution's headquarters to discuss possible areas of collaboration in support of Venezuela. During the meeting, IDB specialists presented an analysis of the macroeconomic outlook and the main development challenges facing Venezuela.

First quarter exports from Latin American and Caribbean fall: IDB report

Tuesday, June 18, 2019 - 17:31
The value of exports from Latin American and the Caribbean fell by 1.6 percent in the first quarter of 2019 compared to the same period in 2018. The decrease was caused by lower export volumes and falling commodity prices.

Latin America could expand annual trade to India by 42 percent, report finds

Tuesday, June 11, 2019 - 15:18
Trade between Latin America and India has been growing rapidly in recent years but has the potential to expand much more, a new study by the Inter-American Development Bank and the Export-Import Bank of India shows.

Nearly 1,400 indigenous entrepreneurs in Panama to boost revenue with support from IDB

Monday, May 20, 2019 - 11:28
A USD43 MILLION OPERATION WILL IMPROVE ACCESS TO FINANCING, INVESTMENT IN PRODUCTIVE INFRASTRUCTURE AND TECHNICAL ASSISTANCE The Inter-American Development Bank has approved a USD40 million loan to Panama, complemented by a local contribution of USD3 million, to implement an ambitious program financial inclusion and indigenous entrepreneurship in the country's 12 indigenous regions.

IDB launches innovative territorial approach to address development challenges

Thursday, May 9, 2019 - 14:38
A study entitled “Honduras: a territorial approach to development” presents for the first time a spatial economic strategy that redefines the traditional national model so as to achieve greater and more inclusive economic growth. As it marks its 60th anniversary, the Inter-American Development Bank (IDB) has presented the study "Honduras: a territorial approach to development”, which makes an innovative proposal to confront the country’s development challenges and fu

IDB approves grant funds for countries receiving migrants in Latin America and Caribbean

Tuesday, May 7, 2019 - 13:22
Grant resources will support inclusive national development investments, regional projects, research, training on critical issues, and innovative solutions impacting development in region The Board of Governors of the Inter-American Development Bank has approved the use of its special grant facility to support operations that help countries integrate migrants into local communities and contribute to their development.

IDB study estimates big GDP impacts from low infrastructure investments in Latin America

Monday, April 15, 2019 - 15:35
Growth in Latin American and Caribbean is sharply impacted by the failure to invest in infrastructure and the cost rises over time, according to a new report by the Inter-American Development Bank. The study looks at energy, transportation, telecommunications, and water and sanitation sectors in six countries indicative of the reality for the entire region: Argentina, Bolivia, Costa Rica, Chile, Jamaica and Peru.