June 23, 2020
The Inter-American Development Bank (IDB) has approved a $500 million loan from a redirection of resources in its portfolio with Argentina to support the sustainability and recovery of micro, small and medium-sized enterprises (MSMEs) that were hit by the economic crisis triggered by the COVID-19 pandemic.
June 22, 2020
Costa Rica will receive a $250 million loan from the Inter-American Development Bank (IDB) to finance its efforts to contain the COVID-19 sanitary crisis and mitigate its impacts on the economy.
The budget-support, fast disbursement loan is in line with a rapid financial assistance (RFI) arrangement approved in April by the International Monetary Fund to help tackle the COVID-19 emergency and its effects on the country’s economy.
June 15, 2020
Digi/Gob platform will support government continuity in Latin America and the Caribbean
The Inter-American Development Bank (IDB), everis NTT Data, and Microsoft have joined forces to provide governments in Latin America and the Caribbean (LAC) with immediate digital solutions through the Digi/Gob platform, helping to ensure the continuity of administrative procedures during the COVID-19 pandemic.
June 12, 2020
Areas of study are greater efficiency in spending and public services, the tax-raising potential of the digital economy, and maximizing the benefits of remittances
Using technology can help in major economic sectors hit by the COVID-19 pandemic, such as remittances and public finances. As remittances decline, technology applied to international money transfers can generate efficiencies that help maximize the amount of money reaching recipients.
May 12, 2020
A $93.8 million loan will contribute to the support of micro and small businesses and employment in the face of the COVID-19 crisis
Ecuador will support the financial sustainability of micro and small companies (MSEs) and the maintenance of employment in the face of the COVID-19 crisis with a loan of $93.8 million approved by the Inter-American Development Bank (IDB).
March 26, 2020
The Group will finance a response to the public health emergency; safety nets for vulnerable populations; economic productivity and employment; and fiscal policies to ameliorate economic impacts.
The Inter-American Development Bank and IDB Invest have outlined their focus for deploying the financial and technical resources made available to borrowing member countries and companies to address the crisis created by COVID-19, the disease caused by the coronavirus.
March 18, 2020
Latin America and the Caribbean (LAC) need to strengthen governance and integrity mechanisms to improve the quality and implementation of public policies, reduce corruption and increase public trust in government, according to the third edition of Government at a Glance: Latin America and the Caribbean 2020.
February 20, 2020
The 34th meeting of governors of Central American and the Dominican Republic, to be held in El Salvador, will debate the region's new development challenges and how to address them
Governors of Inter-American Development Bank member countries from Central America and the Dominican Republic will gather February 21-22 in San Salvador, the capital of El Salvador, for their 34th annual meeting to address the challenges that the region faces in this new decade.
January 16, 2020
The issuance of $400 million will provide access to housing for more than 24,000 families and will mobilize approximately $1.35 billion in investments
Ecuador has issued a Sovereign Social Bond in the international market for $400 million, becoming the first country in the world to make this type of placement.
December 11, 2019
MADRID, Spain ‒ The Inter-American Development Bank (IDB) announced the creation of the Green Bond Transparency Platform (GBTP), an innovative digital tool that brings greater transparency to the Latin American and Caribbean’s green bond market. The announcement was made at an event hosted by the IDB during the United Nations Climate Change Conference (COP25), under the presidency of Chile, in Madrid, Spain.