Norway renews its commitment to the IDB transparency fund

October 17, 2019
A new donation of $2.2 million by Norway to transparency and integrity through a three-year contribution to support institutional and regulatory reform for the region The Transparency Fund is the main tool of the Inter-American Development Bank’s (IDB) to support its member countries in developing and implementing transparency and integrity reforms. The Government of Norway is one of the founding members of the (IDB)  Transparency Fund (AAF).

Public and private-sector leaders highlight IDB’s role in transforming the region

September 27, 2019
The IDB invited leaders from across the region to celebrate its 60th anniversary Washington, D.C. -- The Inter-American Development Bank (IDB) today concluded its official 60th anniversary celebration with a “Voices for Development” seminar, where leaders discussed the importance of women’s empowerment, sustainable infrastructure and the challenges that the digital revolution represents for institutions.

Latin Americans express broad support for trade, survey shows

September 24, 2019
Support depends on how the information is framed, with important implications on public policies Latin Americans back more trade by big margins, though an innovative experiment finds support is fragile and may be swayed by information emphasizing negative consequences, according to a study by the Inter-American Development Bank.

Investment in social development and efficient institutions, keys to better security

September 13, 2019
The IDB confirmed its commitment to work with Latin American and Caribbean countries on innovations that can contribute to prevention and crime reduction The Inter-American Development Bank (IDB), during the Citizen Security Week 2019 that wrapped up yesterday, emphasized that to improve long-term citizen security, it is necessary to have  greater investment in social development and more effective, efficient and transparent institutions.

IDB Annual Meeting Concludes with Institutional Strategy Update

July 17, 2019
GUAYAQUIL, Ecuador – The 60th Annual Meeting of the Inter-American Development Bank (IDB) and IDB Invest concluded today in Guayaquil, Ecuador, with the approval of an updated institutional strategy for 2020-2023 that is intended to increase resource mobilization.

IDB approves grant funds for countries receiving migrants in Latin America and Caribbean

May 07, 2019
Grant resources will support inclusive national development investments, regional projects, research, training on critical issues, and innovative solutions impacting development in region The Board of Governors of the Inter-American Development Bank has approved the use of its special grant facility to support operations that help countries integrate migrants into local communities and contribute to their development.

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.

Eric Parrado appointed as new chief economist for the IDB

January 23, 2019
The Inter-American Development Bank announced today that starting March 1 Eric Parrado Herrera will take over as the new chief economist and general manager of the IDB’s Research Department. A Chilean national, Parrado is Professor of Economics and Finance at the ESE Business School of Universidad de los Andes in Santiago, Chile, and visiting professor at the University of Oxford and the Central European University. 

IDB bolsters Barbados’ macroeconomic emergency program

November 06, 2018
THE $100 MILLION LOAN IS INTENDED TO SUPPORT RESTORING BARBADOS’ ECONOMIC STABILITY, PROMOTE GROWTH, AND IMPLEMENT REFORMS Relying upon a $100 million loan from the Inter-American Development Bank (IDB), the Government of Barbados seeks to regain macroeconomic stability, implement fiscal adjustment measures that foster a sustainable fiscal balance in the short and medium term, and protect social spending programs for the most vulnerable Barbadians.

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).