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

IDB Launches Public Consultations for new Environmental and Social Policy Framework

January 14, 2020
The Inter-American Development Bank (IDB) today launched the public consultation process for a new Environmental and Social Policy Framework. The draft policy framework under consultation is a key element of a broader modernization process aimed at strengthening the environmental and social sustainability of IDB’s operations and allowing for a more effective response to the challenges faced by Latin American and Caribbean countries seeking sustainable growth.
2020-01-14

Inter-American Development Bank to hold Annual Meeting in Barranquilla, Colombia

December 17, 2019
Online media registration is available for March 18-22 gathering of Latin American and Caribbean leaders The Inter-American Development Bank and IDB Invest will hold its Annual Meeting in Barranquilla, Colombia on March 18-22, with economic and financial leaders from its 48 member countries looking to make economic growth mor
2019-12-17

Latin American and the Caribbean Exports Fall After Two Years of Growth

December 12, 2019
The value of exports from Latin America and the Caribbean will decrease by 2.4 percent in 2019 after two years of robust growth, according to a new report by the Inter-American Development Bank that analyzes the trade performance of 25 countries in the region.
2019-12-12

Reducing Trade Costs Could Increase commerce with Asia by US$69 billion: IDB Report

December 09, 2019
Exports from Latin America and the Caribbean to Asia could grow 27 percent in the medium term if trade costs associated with tariffs, transportation, and logistics are reduced, according to a new report from the Inter-American Development Bank.
2019-12-09

Trade liberalization has boosted Latin American and Caribbean economies, IDB study finds

November 25, 2019
However, governments need to do more to shore up support for trade and ensure benefits are more widely attained Latin America and the Caribbean region saw faster economic and wage growth thanks to a lowering of trade barriers, a new report by the Inter-American Development Bank shows. The study also provides policy recommendations to ensure the region is better positioned to take advantage of trade liberalization and make its benefits more tangible to citizens.
2019-11-25

Colombia leads the 2019 Global Financial Inclusion Microscope for the 2nd consecutive year

October 31, 2019
Dominican Republic – Colombia, Peru, Uruguay and Mexico lead the ranking of the Global Microscope on the environment for financial inclusion, an index that focuses on regulation, political strategies, and infrastructure to address this issue. In these four countries, financial inclusion is a priority and incorporates digital approaches. While Colombia and Mexico lead public policy and consumer protection categories, Uruguay and Peru stand out in stability and financial integrity.
2019-10-31

FOROMIC launches in the Dominican Republic, seeks to reinvent inclusion

October 31, 2019
The event was attended by IDB President Luis Alberto Moreno. Dominican Republic – FOROMIC, the main event on innovation for the inclusion of Latin America and the Caribbean, has just started in Punta Cana, Dominican Republic, with the slogan “Reinventing Inclusion”. The event was inaugurated by the Minister of Finance, Donald Guerrero and the President of the IDB, Luis Alberto Moreno.
2019-10-31

IDB Lab, CIAT and SoftBank partner to promote smart rice farming in Colombia

October 28, 2019
The Inter-American Development Bank, through its innovation lab – IDB Lab, approved US$2 million funding for a project that will improve the productivity and sustainability of rice farming in Colombia The project, led by the International Center for Tropical Agriculture (CIAT), will implement a new technological solution called “e-kakashi,” a service that combines internet of things (IoT), big data, artificial intelligence (AI) and cyber physical systems (CPS) to transform agriculture into a real-time, data-driven science.
2019-10-28

IDB study diagnoses investment promotion agencies in Latin America

October 25, 2019
Resources, presence overseas and the level of targeting of Investment Promotion Agencies (IPAs) contribute considerably to attracting greater volumes of foreign direct investment and to bringing multinational companies to their respective countries, according to a study by the Inter-American Development Bank.
2019-10-25