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 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.

Costa Rica to improve roads and ease traffic flow with IDB support

September 26, 2019
A line of credit of $350 million will finance investments in the Greater Metropolitan Area of Costa Rica so as to improve urban transport  The Inter-American Development Bank (IDB) will offer Costa Rica a long-term line of financing for investment in sustainable projects to improve and expand parts of its Strategic Road Network, specifically to enhance development and the flow of traffic in the Greater Metropolitan Area (GAM). 

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.

Study analyzes challenges faced by Central America as it seeks sustainable development

July 19, 2019
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 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.

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

Pilot program uses blockchain to improve youth employment in Costa Rica

September 20, 2018
The Innovation Lab of the IDB Group (MIF), the Monge Foundation, and BanQu, a for-purpose blockchain as-a-service company, have joined forces to launch a pilot program aimed at improving Costa Rican youth employment outcomes.  This new pilot seeks to provide Costa Rican youth with secure and immutable records of certificate completion from school, internships, and employment using blockchain technology.

Barranquilla, Colombia to host Foromic 2018

August 30, 2018
The Colombian city of Barranquilla will host the leading event on financial inclusion and business development trends in Latin America and the Caribbean The IDB Group, through its innovation lab MIF, will hold the 21st edition of Foromic, the most important annual event on financial inclusion and business development in the Latin American and Caribbean region.