Paraguay will strengthen national program of postgraduate scholarships with IDB support

November 07, 2019
A $30 million loan will directly benefit more than 3,500 public and private sector workers, and indirectly to public institutions and companies in the country Paraguay will strengthen the National Program of Postgraduate Scholarships Abroad “Don Carlos Antonio López” with the support of a $30 million loan approved by the Inter-American Development Bank (IDB).

Belize signs loan agreement with IDB to strengthen tax administration

November 04, 2019
BELIZE CITY, Belize – The Prime Minister of Belize, Dean Barrow and Country Representative of the Inter-American Development Bank (IDB), Cassandra T. Rogers signed a loan agreement today in the amount of US$14 million to strengthen tax administration in Belize.

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.

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.

IDB issues new Climate Action Sustainable Development Bond with Okasan Securities

November 01, 2019
Washington, D.C. - The Inter-American Development Bank (”IDB” or “IADB”), rated Aaa/AAA, issued two new MXN deals, 3.5y and 7y respectively under the sustainable development goal (SDG) 13, which promotes climate action. Okasan securities is the distributor of the bond with J.P. Morgan being the sole arranger.

IDB supports Paraguay's program to increase productivity in the agricultural sector

October 28, 2019
New financing will increase access for eligible agricultural producers to medium and long-term loans for production, processing and marketing The Inter-American Development Bank (IDB) approved a loan of $30 million to finance a program that will contribute to increasing the productivity of the agricultural sector in Paraguay, by increasing the access of eligible agricultural producers to medium and long-term loans.

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.

IDB and UK Announce Partnership to Support Green Finance Growth

October 21, 2019
The Partnership will contribute to further expansion and transparency in Latin America and the Caribbean’s green finance market The Inter-American Development Bank (IDB) and the Government of the United Kingdom, represented by the Department for Business, Energy & Industrial Strategy (BEIS) and the Department for International Trade (DIT), have announced a partnership to support further growth and transparency in the Latin American and Caribbean region’s (LAC) burgeoning green bond market.

IDB launches coalition to promote cross-cutting skills in the 21st century

October 21, 2019
Today, the Inter-American Development Bank (IDB), together with 22 partners from the public and private sector, announced the launch of a 21st century skills coalition that will support the implementation of a new generation of education and training policies in Latin America and the Caribbean. This coalition will provide more than US$34.7 million in funding to support projects that will promote these skills among children and youth in the region.

Norway renews its commitment to the IDB transparency fund

October 17, 2019
A new donation of $2.2 million by Norway to transparency and integrity through a three-year contribution to support institutional and regulatory reform for the region The Transparency Fund is the main tool of the Inter-American Development Bank’s (IDB) to support its member countries in developing and implementing transparency and integrity reforms. The Government of Norway is one of the founding members of the (IDB)  Transparency Fund (AAF).