Ecuador to strengthen its fiscal sustainability with IDB support

Wednesday, April 24, 2019 - 22:14
$500 million in financing will protect macroeconomic stability and social spending Ecuador will strengthen its fiscal sustainability with $500 million in financing approved by the Inter-American Development Bank (IDB).

IDB Launches $3 Billion 5-Year Fixed Rate Global

Wednesday, September 13, 2017 - 03:00
The Inter-American Development Bank (“IDB” or “IADB”), rated Aaa/AAA (Moody’s/S&P), priced a new $3 billion 5-year global bond. The transaction pays a semi-annual coupon of 1.750 percent and matures on September 14, 2022. Priced with a spread of +20.35 basis points over the UST 1.625 percent August 2022, this represents a yield of 1.824 percent s.a.

Colombia pushes forward financial system reforms with $450 million IDB loan

Wednesday, June 7, 2017 - 03:00
The Inter-American Development Bank (IDB) has approved the second phase of an operation to support financial system reforms aimed at boosting up Colombia's economic growth. The loan is for $450 million.

Paraguay to finance construction and access to housing with IDB support

Wednesday, December 7, 2016 - 17:37
Plan will broaden housing loans for the emerging middle class and finance developers of multi-family projects Paraguay will facilitate financing for construction and access to housing with the help of a $30 million loan approved by the Inter-American Development Bank (IDB).

Better management of tight budgets could help Latin American and Caribbean governments to raise living standards - OECD/IDB

Tuesday, December 6, 2016 - 03:00
SANTIAGO, Chile – Governments in Latin America will need to improve public sector management and capacity – including budget allocation – to compensate for the pressure on public finances from sliding commodity prices, according to a new report by the OECD and Inter-American Development Bank covering more than 15 countries in the region.

IDB supports program to strengthen management, foster economic growth and employment in Argentine provinces

Monday, December 5, 2016 - 03:00
Project will promote private and public investment improvements at provincial level, help reform the federal tax system and strengthen decision-making bodies Argentina will implement a program to promote economic growth and employment in its provinces through income, spending and public investment management improvements as well as investment projects execution with help from a $120 million loan approved by the Inter-American Development Bank (IDB).

Finance ministers discuss deeper regional integration to stimulate growth and development in LAC

Wednesday, October 5, 2016 - 03:00
Latin America and the Caribbean is urged to implement a bold integration agenda Finance ministers of the Americas and the Caribbean, and the heads of the Inter-American Development Bank, International Monetary Fund, the World Bank and the U.S. Department of Treasury met today at the IDB to discuss policy options for relaunching regional integration to stimulate growth and contribute to long-term development in the region.

IDB Issues New Education, Youth and Employment (EYE) Bond

Friday, September 23, 2016 - 13:29
The Inter-American Development Bank (”IDB”or “IADB”), rated Aaa/AAA, issued a new $50 million 3-year, fixed-rate note under its Education, Youth and Employment (EYE) Bond program. QBE Insurance Group Limited (QBE) is the sole investor in the bond.

Chile to improve and increase productive financing for MSMEs with IDB help

Wednesday, May 11, 2016 - 03:00
The Economic Development Agency will channel funds through non-banking financial intermediaries The Inter-American Development Bank (IDB) has approved a $120 million loan to help Chile improve and increase its supply of productive financing instruments for Micro, Small, and Medium-sized Enterprises (MSMEs). The lending is part of a package of measures recently announced by the Finance and Economy ministries aimed at boosting firm productivity.  

Inter-American Development Bank / World Bank / Caribbean Development Bank joint press release on International Monetary Fund staff-level agreement with Suriname

Friday, April 15, 2016 - 20:06
The Government of Suriname and the International Monetary Fund (IMF) have agreed on the key elements of an economic program that would be supported by a Stand-By Arrangement (SBA). A reform agenda was put forward by the Surinamese authorities to stabilize Suriname’s economy and to set the stage for its recovery.