Honduras to Host Important Event on Public Integrity in Latin America and Caribbean

November 21, 2022
On December 1 and 2, 2022, Tegucigalpa will host a major event on public integrity in Latin America and the Caribbean, organized by the Inter-American Development Bank (IDB), the Organisation for Economic Co-operation and Development (OECD), and the Government of Honduras.
2022-11-21

New Toolkit to Boost Value Added Taxes on E-commerce in Latin America and the Caribbean

June 23, 2021
The surge in e-commerce following the COVID-19 outbreak has emphasised the importance of applying Value Added Tax (VAT) effectively to digital trade.  A new toolkit released today offers timely and valuable assistance to tax authorities in the Latin America and the Caribbean region for the effective collection of VAT revenues from e-commerce activities.
2021-06-23

IDB Invites Applications for 2020 President’s Awards Competition in T&T

September 25, 2020
The Inter-American Development Bank (IDB) is inviting applications for its third annual President’s Awards for Service Excellence and Innovation in the Public Sector competition in Trinidad and Tobago under the patronage of President Paula-Mae Weekes. The purpose of the President’s Awards is to recognize transformational initiatives undertaken by public sector institutions across the country and to also give citizens the opportunity to honour them by choosing two people’s choice awardees.
2020-09-25

IDB launches 2020 call for proposals for regional projects in Latin America and Caribbean

February 11, 2020
Deadline for accepting proposals for Regional Public goods is April 15, 2020 On  February 14, 2020, the Inter-American Development Bank (IDB) will launch the 2020 Call for Proposals for the Regional Public Goods (RPG) Initiative in Latin America and the Caribbean, which supports projects involving three or more countries.
2020-02-11

IDB launches 2017 Call for Proposals to promote Regional Public Goods in Latin America and the Caribbean

February 24, 2017
The deadline for accepting proposals is April 26th, 2017 The Inter-American Development Bank (IDB) launched the 2017 Call for Proposals of the Initiative for the Promotion of Regional Public Goods in Latin America and the Caribbean (LAC), which supports projects aimed at resolving shared challenges and seizing opportunities for development through regional cooperation among at least three countries. Since 2004, the RPG Initiative has financed 140 projects, investing a total of more than US$103 million.

IDB’s new accountability mechanism becomes effective

September 09, 2010
The new Independent Consultation and Investigation Mechanism (ICIM) started operations as part of the Inter-American Development Bank’s efforts to increase the transparency, accountability and effectiveness of its operations. The Board of Executive Directors declared that the ICIM is effective as of September 9, 2010. The ICIM can now address complaints filed by individuals or groups who feel affected by projects financed by the IDB.

Cross Debarment: A new global tool against corruption

April 28, 2010
The cross debarment agreement signed recently by the world’s top multilateral banks is a milestone for the anticorruption agenda.  Due to come into force by mid-year, the agreement says that if one Multilateral Development Bank (MDB) declares a firm or individual ineligible for procurement contracts because of fraud and corruption, then all the other MDBs will do the same.

IDB and Energy

March 27, 2008
The Inter-American Development Bank’s energy portfolio includes a wide array of investments aimed at improving the energy security of its member countries by exploiting both conventional and renewable sources. In 2007 the Bank approved US$2.5 billion in energy-related operations. Many of these loans will support high-priority gas and electricity infrastructure projects. For example, the IDB approved: A US$32.7 million loan for a wide-ranging investment program to strengthen Nicaragua’s electricity system.

IDB in Brief

March 24, 2008
The Inter-American Development Bank was created in 1959 to help accelerate the economic and social development of its member countries in Latin America and the Caribbean and to promote regional integration. The Bank has 47 member countries: 28 in the Western Hemisphere, 16 in Europe, as well as Israel, Japan and the Republic of Korea.  The Latin American and Caribbean countries as a group hold half the shares in the institution.

IDB and Infrastructure

March 24, 2008
    The Inter-American Development Bank, the main source of multilateral development financing for Latin America and the Caribbean, plans to allocate US$12 billion for infrastructure projects in the region by 2010.