Ecuador will strengthen fiscal stability with IDB support

Wednesday, August 28, 2019 - 21:16
Ecuador will strengthen its fiscal stability framework by optimizing the ownership of public companies of the executive function with a loan of $75 million approved by the Inter-American Development Bank (IDB). This reform program aims to recalibrate the country's growth engines, acting as a catalyst for private sector development and improving the competitiveness of the economy for all its citizens.

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

IDB Annual Meeting Concludes with Institutional Strategy Update

Wednesday, July 17, 2019 - 17:54
• IDB estimates annual gap in development financing for Latin America and the Caribbean is US$650 billion. • Region’s private sector, crisis in Venezuela and macroeconomic challenges among topics of discussion. GUAYAQUIL, Ecuador – The 60th Annual Meeting of the Inter-American Development Bank (IDB) and IDB Invest concluded today in Guayaquil, Ecuador, with the approval of an updated institutional strategy for 2020-2023 that is intended to increase resource mobilization.

El Salvador will strengthen fiscal sustainability with IDB support

Wednesday, June 19, 2019 - 16:53
A $200 million loan will provide budget support for priority government expenditures, thereby protecting public investment and social program funding to promote inclusive growth El Salvador will strengthen fiscal sustainability by securing resources for complementary financing of the General State Budget with a $200 million loan approved by the Executive Board Directors of the Inter-American Development Bank (IDB).

60th Annual Meeting of IDB Group to Convene Economic Leaders

Tuesday, June 4, 2019 - 14:58
The Inter-American Development Bank (IDB) Group will hold its Annual Meeting in Guayaquil, Ecuador from July 16 to 17. The economic and financial leaders of its 48 member countries will discuss current challenges and opportunities for development in the region. The Annual Meeting is the 60th annual gathering of the Board of Governors of the IDB Group, the institution’s main decision-making body. The Board is primarily composed of finance ministers, economics ministers, and central bank presidents.

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.

Weaker global outlook trims Latin America and Caribbean growth prospects

Monday, April 15, 2019 - 12:49
Infrastructure investments seen as critical to help region overcome global headwinds A combination of economic shocks could lower growth in Latin America and the Caribbean by an annual average of up to 1.7 percent in 2019-2021 of GDP, according to the Inter-American Development Bank’s Macroeconomic Report, bringing the baseline growth rate from 2.5 percent to just 0.8 percent.

SDG, urban and housing issues highlighted in IDB 2018 Sustainability Report

Wednesday, April 3, 2019 - 17:11
The IDB launches its new sustainability report with a focus on housing and urban issues The Inter-American Development Bank (IDB) launched its 2018 Sustainability Report, featuring projects, initiatives, and research, with a focus on housing and urban issues in the context of the UN’s Sustainable Development Goals.