IDB announces winner of the 2019 Superheroes of Development Award

September 16, 2019
The winning IDB-financed project developed a new solution to monitor public infrastructure works and to empower citizens to evaluate the use of public resources in Honduras. WASHINGTON D.C., September 12, 2019. The Inter-American Development Bank (IDB) announced the winner of the Superheroes of Development contest, an award given to executing agencies that have successfully implemented innovative solutions in projects financed by the IDB.

Argentina to strengthen social protection programs with IDB support

June 20, 2019
  Argentina will ensure the sustainability and effectiveness of its social protection programs with a $600 million loan approved by the Inter-American Development Bank. This project marks the second phase of two separate and sequential operations. The goal of both phases is to guarantee the sustainability of money disbursement programs for the poor and encourage improvements in the effectiveness of these initiatives by strengthening their management through the use of digital transformation tools.

IDB launches Superheroes of Development contest to recognize executing agencies

March 04, 2019
In its second edition, the call for proposals will be open from March 4th to May 17th, 2019. The Superheroes of Development Award will recognize executing agencies of IDB-financed projects that have successfully addressed challenges during its implementation. The contest will identify eight finalists from across Latin America and the Caribbean who will travel to IDB’s Headquarters in Washington, D.C. to present their solutions.

Experts share best practices to improve the integration of migrants into labor markets

February 05, 2019
Authorities from Germany, the United States and Sweden are taking part in the workshop Public Employment Agencies and International Labor Migration in Latin America, organized by the IDB. 

Government spending waste costs Latin America and Caribbean 4.4% of GDP: IDB study

September 24, 2018
Inefficiencies and fraud in procurement, civil service and targeted transfers could be as large as $220 billion a year Report includes policy recommendations to improve spending in healthcare, education, infrastructure and public safety

Artificial intelligence to boost Latin American and Caribbean economies: IDB study

August 29, 2018
Study also urges governments to anticipate consequences of artificial intelligence in labor markets BUENOS AIRES – Artificial intelligence can facilitate trade negotiations and add one additional percentage point of growth to Latin American and the Caribbean economies, according to a study by the Inter-American Development Bank (IDB).

Bogota to improve public transportation system with IDB financial support

August 01, 2018
The Inter-American Development Bank (IDB) has approved a $600 million conditional credit line for investment projects that includes a $70 million loan to build Bogota’s First Metro Liner (PLMB, after its Spanish initials) – Segment 1.

IDB Invest finances Terminal Zarate port expansion in Argentina

January 17, 2018
IDB Invest, a member of the Inter-American Development Bank (IDB) Group, will finance the expansion of the Terminal Zarate port, the most important in Argentina's automotive transportation sector and located in a strategic area to move goods and containers from the center and north of the country along its waterways. IDB Invest will provide an A loan of $15 million and the financial institution CIFI will provide a B loan of $15 million.

IDB supports Colombia’s efforts to fight and prevent corruption

December 11, 2017
Colombia will strengthen public surveillance and promote its institutions’ transparency and integration by boosting up the effectiveness of the Public Prosecutor's Office (PGN, after its Spanish initials) with help from a $40 million loan from the Inter-American Development Bank (IDB).

IDB backs Argentine plan to boost capacity and safety on Cristo Redentor System Corridor on border with Chile

December 01, 2017
The plan will provide direct benefits to 2.3 million people who use the transport system each year and indirect ones to 920,896 residents of cities in the Argentine province of Mendoza The Inter-American Development Bank (IDB) has approved a Conditional Credit Line for Investment Projects of up to $524.3 million for Argentina, which will finance a program designed to boost capacity and improve safety on the Cristo Redentor System Corridor on the border with Chile.