March 04, 2013
December 15, 2011
Paraguay is a founding member of the Inter-American Development Bank (IDB) and the Bank’s partner in development Through an ongoing process of cooperation, financing has been provided to the Paraguay to carry out major works, which have spurred the country’s economy. This year, the Bank’s portfolio of projects in execution in Paraguay totals 27 sovereign guarantee operations for $755.27 million, of which $445.9 million are pending disbursement.
IDB expects to provide more than $500 million to help Latin America and Caribbean prepare for natural disasters
March 10, 2011
Financial disaster preparedness is a growing concern in Latin America and the Caribbean. Last year the region saw devastating earthquakes in Chile and Haiti and an active hurricane season that impacted Central America and Mexico. In addition, the La Niña-related weather phenomenon has brought severe flooding to Venezuela, Colombia and Brazil, among others.
October 25, 2010
September 27, 2010
July 21, 2010
May 21, 2010
March 14, 2010
July 29, 2009
The regional integration initiative known as Proyecto Mesoamérica is gaining momentum. It was a central item on the agenda of the XI Cumbre de Tuxla (an annual summit of regional heads of state), which concluded in Costa Rica today. Last week news reports focused on a proposed multimodal transportation strategy to improve the region’s competitiveness. And last June, the IDB announced the second phase of a project known as Tránsito Internacional de Mercancía, which will introduce a unified customs system for use on the borders of all Mesoamerican countries.
March 17, 2009
Since the mid-1990s the Inter-American Development Bank (IDB) has been the leading source of multilateral financing for Colombia. Over the last 50 years, the IDB has approved more than US$14.8 billion in loans and non-refundable technical cooperation projects for Colombia. Throughout its history, the IDB has supported the Colombian government and private sector in key development areas such as infrastructure, state modernization and reform, small and medium enterprise, agriculture, energy, climate change and environmental protection.