Members of international community discuss collaboration in support of Venezuela

Monday, July 8, 2019 - 16:13
Representatives of cooperation agencies, along with directors and counselors of the Inter-American Development Bank’s (IDB) member countries, met this morning with the Bank's administration at the institution's headquarters to discuss possible areas of collaboration in support of Venezuela. During the meeting, IDB specialists presented an analysis of the macroeconomic outlook and the main development challenges facing Venezuela.

First quarter exports from Latin American and Caribbean fall: IDB report

Tuesday, June 18, 2019 - 17:31
The value of exports from Latin American and the Caribbean fell by 1.6 percent in the first quarter of 2019 compared to the same period in 2018. The decrease was caused by lower export volumes and falling commodity prices.

IDB-FEMSA Award to innovation on water & sanitation opens call for 2019

Wednesday, June 12, 2019 - 00:28
The IDB-FEMSA Awards to innovation on water and sanitation are reaching their tenth anniversary in 2019 and will be celebrating the occasion with a special edition that calls on those who have innovative solutions to compete for a special prize.   First, second, and third place winners of the IDB-FEMSA Awards will receive $15,000, $10,000 and $5,000 in cash, respectively. This year will also feature a special category called “All stars,” where prior editions finalists will compete for a one-time cash prize of $15,000.

Latin America could expand annual trade to India by 42 percent, report finds

Tuesday, June 11, 2019 - 15:18
Trade between Latin America and India has been growing rapidly in recent years but has the potential to expand much more, a new study by the Inter-American Development Bank and the Export-Import Bank of India shows.

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.

Big trade growth potential between Gulf countries and Latin America and Caribbean: IDB

Tuesday, April 9, 2019 - 17:19
PANAMA CITY, Panama – Trade between Gulf countries and Latin America and the Caribbean could grow by $13 billion per year simply by signing more trade and investment deals and opening more diplomatic and trade promotion offices, according to a study by the Inter-American Development Bank (IDB).

Experts discuss new sanitation paradigm at Latinosan Conference

Monday, April 1, 2019 - 11:43
The Inter-American Development Bank is coordinating a series of discussions during the Fifth Latin American Sanitation Conference in Costa Rica, where representatives from various social sectors in Latin America and the Caribbean discuss the challenges of ensuring universal access to proper sanitation services for all. SAN JOSE, Costa Rica - Reaching the goal of providing safe and quality sanitation services for everyone in Latin America and the Caribbean requires a change of paradigm, focusing on service supply rather than on building infrastructure.

Ecuador to improve drinking water and sanitation services with IDB support

Thursday, March 21, 2019 - 10:40
US$87.1 million loan will benefit Quito Metropolitan District’s 2.6 million residents Ecuador will improve continuity, operational management and reliability of the drinking water system and boost wastewater treatment capacity, bringing direct benefits to more than 200,000 people and indirect benefits to Quito’s 2.6 million metropolitan district dwellers, with help from a US$87.1 million loan from the Inter-American Development Bank.