Latin America and Caribbean: Tax revenue under threat amid deteriorating regional outlook

May 07, 2020
Tax revenues in Latin America and the Caribbean (LAC) increased to 23.1% of GDP on average in 2018, according to the new edition of Revenue Statistics in Latin America in the Caribbean published today. However, these gains are now under threat as a result of the region’s deteriorating fiscal outlook, which has been exacerbated by the COVID-19 pandemic and the global economic crisis.
2020-05-07

Business leaders unveil recommendations to face COVID-19

April 30, 2020
The Americas Business Dialogue (ABD), a mechanism for advancing a public-private dialogue on public policies, today released a series of recommendations that seek to support the governments of the hemisphere in their health and economic response to the emergency of COVID-19. The 17 measures proposed by ABD can be found in the document Policy Recommendations on Addressing the Coronavirus Disease (COVID-19) Pandemic and Mitigating Its Impacts.
2020-04-30

IDB disburses $25.3 million to support Ecuador’s COVID-19 response

April 16, 2020
Funds will increase capacity of national healthcare system, with focus on hard-hit Guayas province  The Inter-American Development Bank (IDB) has disbursed approximately $25.3 million to the government of Ecuador to strengthen its healthcare services and help meet the medical needs of individuals affected by COVID-19, the disease caused by the novel coronavirus. The funds will be used primarily to prepare intensive-care-unit beds in 28 hospitals and provide protective gear for medical staff in Guayas province.
2020-04-16

IDB report proposes economic policies to help countries overcome sharp contraction

April 09, 2020
The 2020 Latin American and Caribbean Macroeconomic Report analyzes growth scenarios amid coronavirus pandemic Latin America and the Caribbean will see sharp growth reductions of between 1.8 percent and 5.5 percent of GDP in 2020 due to the impact of the coronavirus pandemic.
2020-04-09

IDB Group announces priority support areas for countries affected by COVID-19

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.
2020-03-26

IDB-OECD study calls for better governance, integrity in Latin America and Caribbean

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.
2020-03-18

IDB seeks to renew Central America development agenda for the next decade

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.
2020-02-20

El Salvador will boost credit for micro and small businesses with IDB support

January 29, 2020
The financing of $20 million will benefit more than 2,000 micro and small businesses, especially those located in municipalities with high marginalization or owned or led by women El Salvador will boost the economic activity of micro and small businesses (MSEs) with the support of a $20 million financing approved by the Inter-American Development Bank (IDB) that will provide access to credit under better term conditions.  
2020-01-29

Inter-American Development Bank to hold Annual Meeting in Barranquilla, Colombia

December 17, 2019
Online media registration is available for March 18-22 gathering of Latin American and Caribbean leaders The Inter-American Development Bank and IDB Invest will hold its Annual Meeting in Barranquilla, Colombia on March 18-22, with economic and financial leaders from its 48 member countries looking to make economic growth mor
2019-12-17

Colombia will promote the productivity of companies with IDB support

December 12, 2019
Program will contribute to the financing of investments of smaller companies in energy efficiency projects and in the creation of a market for the orange economy Colombia will contribute to the improvement of the productivity of smaller companies (EMT) through financing channeled by Bancoldex, with the support of a conditional credit line for investment projects of $600 million approved by the Inter-American Development Bank (IDB) .
2019-12-12