Honduras tackles COVID-19 and ensure stability with IDB support

July 09, 2020
Honduras will ensure the sustainability of its public finances, increase social spending on the COVID-19 crisis and protect its monetary and financial stability with a $76.2 million loan from the Inter-American Development Bank (IDB).   The budgetary support loan will help finance efforts to contain the pandemic, mitigate its effect on poor households, and promote counter-cyclical policies that will ease the crisis' short-term effect on the economy. 
2020-07-09

The IDB & The GovLab launch Smarter Crowdsourcing in the Age of Coronavirus

July 07, 2020
The Smarter Crowdsourcing initiative brings together a network of public leaders and global experts to address the challenges of managing a pandemic in Latin America and the Caribbean. Brooklyn, NY – The Inter-American Development Bank (IDB) together with The Governance Lab (The GovLab) at New York University Tandon School of Engineering, today launched “Smarter Crowdsourcing in the Age of Coronavirus.” This rapid policy advising initiative convenes pu
2020-07-07

IDB and Fundación FEMSA bestow water, sanitation and solid waste innovation awards

June 29, 2020
The three winners of the 2020 IDB-FEMSA Award to innovation in water, sanitation and solid waste will receive up to US $10,000 The Inter-American Development Bank and the FEMSA Foundation announced the launching of the 2020 IDB-FEMSA Awards, which since 2009 recognize the most innovative solutions in the water, sanitation and solid waste management sectors.
2020-06-29

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

El Salvador will strengthen its public policy and fiscal management to face COVID-19

June 09, 2020
IDB loan supports the country's efforts to address health impacts and protect the income of vulnerable households in the face of the crisis, and will promote post-pandemic economic recovery The Inter-American Development Bank (IDB) approved a budget support loan to El Salvador of $250 million to strengthen the efficiency and effectiveness of public policy and fiscal management to address the health and economic crisis caused by COVID-19.
2020-06-09

IDB approves loan to address the COVID-19 pandemic in El Salvador

May 28, 2020
A budget support loan of $250 million will help finance the country's efforts to tackle the health and economic effects of the COVID-19 pandemic The Inter-American Development Bank (IDB) approved a loan of $250 million for El Salvador, under the Special Financing for Development modality, which will be used to finance measures to contain the health crisis, mitigate its impact on vulnerable households, and promoting countercyclical policies that reduc
2020-05-28

Wikimedia Foundation joins coalition to promote transversal skills for the 21st century

May 26, 2020
Washington, D.C. – The Wikimedia Foundation, the nonprofit that operates Wikipedia, has joined the Inter-American Development Bank's (IDB) Coalition for Transversal Skills in the 21st Century, centered on ensuring inclusion, equity, and quality education in Latin American and Caribbean countries.
2020-05-26

Latin America and Caribbean: Tax revenue under threat amid deteriorating regional outlook

May 07, 2020
Tax revenues in Latin America and the Caribbean (LAC) increased to 23.1% of GDP on average in 2018, according to the new edition of Revenue Statistics in Latin America in the Caribbean published today. However, these gains are now under threat as a result of the region’s deteriorating fiscal outlook, which has been exacerbated by the COVID-19 pandemic and the global economic crisis.
2020-05-07

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-OECD study calls for better governance, integrity in Latin America and Caribbean

March 18, 2020
Latin America and the Caribbean (LAC) need to strengthen governance and integrity mechanisms to improve the quality and implementation of public policies, reduce corruption and increase public trust in government, according to the third edition of Government at a Glance: Latin America and the Caribbean 2020.
2020-03-18