IDB Annual Meeting concludes with countries vowing action on crisis

Tuesday, March 31, 2009 - 03:00
Governments approve kicking off process to review IDB capital levels. Seminars, dialogues, exhibitions and debates mark IDB’s 50-year anniversary.MEDELLÍN, Colombia – For nearly a week ending today, this picturesque and thriving city transformed itself into the economic epicenter of Latin America and the Caribbean.

IDB to start reviews for capital increases, boosting financing in short-term

Monday, March 30, 2009 - 03:00
MEDELLÍN, Colombia – The Board of Governors of the Inter-American Development Bank (IDB) today instructed the Bank’s management to “start immediately” to review the need for an increase in its ordinary capital, which currently stands at $101 billion, and a replenishment of its concessional lending window, the Fund for Special Operations.

Prepared Statement by Treasury Secretary Tim Geithner at the Inter-American Development Bank’s Annual Meeting of the Boards of Governors

Sunday, March 29, 2009 - 03:00
FOR IMMEDIATE RELEASE: March 29, 2009                  CONTACT: Treasury Public Affairs (202) 622-2960 Medellin, Colombia -- President Moreno, ministers, ladies and gentlemen, I am delighted to be able to join you today.  I would like to thank the Government of Colombia for hosting this important meeting in this historic city of Medellin.  We meet at a critical time, for this hemisphere, for the global economy, and for the Inter-American Development Bank. 

Book on 50 years of development in Latin America and the Caribbean launched

Saturday, March 28, 2009 - 03:00
MEDELLÍN, Colombia – Inter-American Development Bank President Luis Alberto Moreno and Ricardo Ávila, Director of Colombia's financial newspaper Portafolio, presented on Saturday March 28 a new book on half a century of development in Latin America and the Caribbean.

Agenda highlights – March 27

Friday, March 27, 2009 - 03:00
On the third day of activities in Medellín in conjunction with the IDB-IIC Annual Meetings, a series of seminars, loan signing ceremonies and the inauguration of Expodesarrollo 2009 will take place at the Plaza Mayor Convention Center.9:00 a.m.–12:30 p.m.

IDB holds 50th Anniversary Annual Meeting in Medellin, Colombia, March 27-31

Wednesday, March 4, 2009 - 03:00
Finance ministers, central bankers and high ranking officials from the 48 member countries of the Inter-American Development Bank will hold the Annual Meeting of the Boards of Governors of the IDB Group in Medellin, Colombia, March 27-31. The event, the main forum for discussion of political, economic and social development in Latin America and the Caribbean, attracts thousands of participants, including bankers, business leaders, academics, civil society representatives and journalists every year.

China joins IDB in ceremony at Bank headquarters

Monday, January 12, 2009 - 03:00
China formally joined the Inter-American Development Bank in a signing and flag placement ceremony held on Monday at the IDB’s headquarters in Washington, DC. The Asian giant became the Bank’s 48th member nation, contributing $350 million to various programs.

IDB invites the media to register for the 50th IDB Annual Meeting and the 24th IIC Annual Meeting in Medellin, Colombia March 27-31

Friday, January 9, 2009 - 03:00
The 50th Annual Meeting of the Board of Governors of the Inter-American Development Bank and the 24th Annual Meeting of the Board of Governors of the Inter-American Investment Corporation will be held in Medellín, Colombia, from March 27-31, 2009, to examine economic issues in the region. The Boards of Governors are the highest authorities of the IDB and the IIC. Their members are finance or economic affairs ministers, presidents of central banks or other high-ranking officials from the organizations’ member countries, including for the first time China.

Media Advisory - China joins IDB Group

Wednesday, January 7, 2009 - 03:00
Members of the media are invited to cover the signing and flag placement ceremony marking China’s entry as a donor member into the Inter-American Development Bank (IDB). The event will take place on Monday, January 12, at 11:00 am. China is also joining the IDB Group’s Inter-American Investment Corporation (IIC) and the Multilateral Investment Fund (MIF). Following the proceedings, China will formally become the 48th member of the IDB Group and will participate in the upcoming Annual Meeting of IDB Governors in March 27-31 in Medellin, Colombia.

IDB Boosts 2008 Approvals in Effort to Ease Impact of Financial Crisis

Monday, December 29, 2008 - 03:00
The Inter-American Development Bank Group increased loan, credit guarantee and grant approvals by about a quarter to a record $12.2 billion in 2008, in an effort to help Latin America and the Caribbean weather the global financial crisis. “IDB is striving to assist the region in these difficult times,” said IDB President Luis Alberto Moreno. “We are working with our member countries to defend the progress they made in recent years in the fight against poverty.”