Better management of tight budgets could help Latin American and Caribbean governments to raise living standards - OECD/IDB
Tuesday, December 6, 2016 - 03:00
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.
Wednesday, October 5, 2016 - 03:00
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.
Brazilian state of Alagoas to develop tourism and encourage fiscal sustainability and investment with support from IDB
Thursday, November 14, 2013 - 03:00
Loan of $250 million will also contribute to increasing access to water, sanitation and tourism routes Alagoas, a state in the northeast of Brazil, will receive a $250 loan from the Inter-American Development Bank to increase tourism's contribution as a source of economic development and enhance fiscal sustainability.
Monday, October 29, 2012 - 03:00
Fund to offer long-term financing for SMEs and start-ups serving the Base of the Pyramid (BoP)
Tuesday, December 13, 2011 - 03:00
MIF will also provide a $1 million technical cooperation to further develop Latin America’s venture capital industry using Brazil’s expertise The Multilateral Investment Fund (MIF) approved a $4 million equity investment in C-Ventures Primus, a Brazilian seed capital fund that will invest in emerging firms located in the states of Santa Catarina, Paraná, and Rio Grande do Sul in sectors ranging from energy and life sciences to digital media and information and communication technologies.
Friday, November 25, 2011 - 03:00
WestLB, HSBC, Caixa Geral, Santander join IDB’s A/B Loan Program to finance a project that is critical to help ease congestion at Santos port The Inter-American Development Bank (IDB) closed a $430 million syndicated loan with a group of four international commercial participants to finance the construction, operation and maintenance of a new private mixed-use container and liquids terminal in Brazil’s Santos Port, the largest port complex in the region.
Wednesday, June 29, 2011 - 03:00
IDB Head met Brazil’s President Rousseff in Brasilia to discuss work program The Inter-American Development Bank (IDB) will support Brazil's efforts to fight extreme poverty by providing technical assistance to measure the development impact of social programs, IDB President Luis Alberto Moreno said after meeting Brazilian President Dilma Rousseff in Brasilia on June 28.
Monday, March 14, 2011 - 03:00
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).
Friday, August 6, 2010 - 03:00
The Inter-American Development Bank (IDB) approved a $150 million loan to support Sofisa Banco S.A., a medium size Brazilian banking institution, in its strategy to expand lending for small and medium enterprises. The IDB financing will allow Sofisa increase lending to small firms with incomes not exceeding $14.3 million per year in the least developed states in the north and northeast of Brazil: Pará, Ceará, Pernambuco, Bahia, Goiás and Amazonas.
Friday, May 21, 2010 - 03:00
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.