IDB supports sustainability of Uruguay’s MSMEs impacted by COVID-19 crisis

June 24, 2020
The Inter-American Development Bank (IDB) has approved an $80 million loan to strengthen the sustainability of micro, small and medium-sized enterprises (MSMEs) impacted by the COVID-19 crisis, which are a key pillar of employment in Uruguay.
2020-06-24

Panama receives IDB support to contain the sanitary crisis and its macroeconomic impact

June 22, 2020
The Inter-American Development Bank (IDB) has approved a $400 million operation to help finance Panama’s efforts to contain the sanitary crisis, mitigate its impact on vulnerable households, and promote policies to reduce the pandemic’s short-term effects on the economy.
2020-06-22

IDB Lab launches innovation challenge to revitalize tourism sector in 15 countries

June 16, 2020
Selected projects may receive up to US$500,000 in grants and up to US$2 million in loans
2020-06-16

IDB, everis NTT Data, and Microsoft provide governments digital solutions during COVID-19

June 15, 2020
Digi/Gob platform will support government continuity in Latin America and the Caribbean The Inter-American Development Bank (IDB), everis NTT Data, and Microsoft have joined forces to provide governments in Latin America and the Caribbean (LAC) with immediate digital solutions through the Digi/Gob platform, helping to ensure the continuity of administrative procedures during the COVID-19 pandemic.
2020-06-15

IDB: COVID-19 Exposes Inadequate Support for Older People

June 12, 2020
Study shows that 8 million people over age 60 in Latin America and the Caribbean depend on long-term care.  “Age with Care” provides recommendations for building strong long-term care systems.
2020-06-12

IDB expands coverage for COVID-19 and public health risks in contingent loans

June 09, 2020
The Inter-American Development Bank (IDB) is expanding the risks covered under the Contingent Credit Facility for Natural Disaster Emergencies (CCF) to include public health risks and COVID-19.
2020-06-09

CARPHA receiving additional support to fight COVID-19

May 15, 2020
The Inter-American Development Bank (IDB) has approved a US$750,000 (TT$5.1 million) grant to support the Caribbean Public Health Agency (CARPHA) in the coordination of the regional health response to the coronavirus (COVID-19) pandemic. The grant is being financed by the IDB Japan Special Fund which was first established in 1988 by the Government of Japan to foster social and economic growth throughout the IDB’s borrowing member countries.
2020-05-15

IDB approves more funding for Central America and the Dominican Republic to fight COVID-19

April 17, 2020
Initially planned funding of US$1.1 billion surges to US$2.8 billion to confront the coronavirus crisis The Inter-American Development Bank (IDB) has made available to the countries of Central America and the Dominican Republic nearly US$1.7 billion in additional funding for 2020 to confront the COVID-19 pandemic.
2020-04-17

IDB report provides policy recommendations for Caribbean to better cope with coronavirus

April 15, 2020
The economic and financial implications of the coronavirus crisis on the Caribbean is the focus of the newly released Caribbean Quarterly Bulletin of the Inter-American Development Bank (IDB). The report assesses the economic impacts of the virus on key sectors including trade and tourism, reviews policies being undertaken by governments in the region, and provides recommendations on further efforts policymakers should take in order to mitigate the economic fallout of the crisis.
2020-04-15

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