Honduras to Strengthen Customs Management with IDB Support

December 01, 2022
The Inter-American Development Bank (IDB) approved a $50 million loan to increase customs collection and customs controls in Honduras. The operation will foster trade and boost the country's economic growth and competitiveness. The program’s goal is to improve the efficiency of Honduras’s Customs Administration (ADUANAS), which was set up in 2020, by strengthening management and institutional governance.
2022-12-01

Ilan Goldfajn Elected IDB President

November 20, 2022
(Updated to add the starting date) Ilan Goldfajn was elected president of the Inter-American Development Bank (IDB) today during a Special Meeting of the Bank’s Board of Governors. The meeting was held at IDB Headquarters in Washington, D.C., with delegations attending virtually and in person. Nominated by Brazil, Goldfajn will take office for a five-year term on December 19, 2022.  
2022-11-20

IDB Approves US$10 million to Support Job Seekers and Employers in Suriname

October 23, 2022
The Inter-American Development Bank (IDB) approved a US$10 million loan to provide jobseekers in Suriname with relevant and high-quality training for employment and expand the use of labor market intermediation services by jobseekers and employers. In Suriname, a significant percentage of people have difficulty accessing jobs for one of two reasons: they are not equipped with the skills demanded by the productive sector, or they lack labor market information to find a job that suits their skills.
2022-10-23

IDB Report Shows Trade, Investment Potential Between Korea and Latin America and Caribbean

September 29, 2022
SEOUL – Vibrant trade and investment ties between Korea and Latin America and the Caribbean have the potential to create more robust bilateral and global value chains that help solve some of the major global challenges in food, energy and climate, a new report by the Inter-American Development Bank says.
2022-09-29

IDB and UPU Unite to Modernize Postal Services in Latin America and the Caribbean

August 23, 2022
The Inter-American Development Bank (IDB) and the Universal Postal Union (UPU) signed an agreement to modernize and transform postal services in Latin America and the Caribbean, aiming to promote regional integration and trade, strengthen value chains and foster the digital economy.
2022-08-23

Latin America and Caribbean Need to Reduce Gender Gap in Digital Transformation

June 23, 2022
An Inter-American Development Bank (IDB), IDB Invest and IDB Lab study reveals that 62% of representatives of major institutions and entities in the digital ecosystem in Latin America and the Caribbean think the digital gender gap is a problem in their respective countries. The same proportion believe that women have little participation in digital transformation processes because of a lack of skills and competencies.
2022-06-23

IDB Enables Brazil's Immense Investment Opportunities, Approves Infrastructure Credit

June 15, 2022
On the final day of the Brazil Investment Forum (BIF), Latin America's largest foreign-investment event, IDB President Mauricio Claver-Carone reinforced the institution's commitment to enabling vital foreign direct investment and public-private partnerships for the country's sustainable and inclusive development, while announcing the approval of a $150 million infrastructure loan.
2022-06-15

IDB to Support Ministry of Economy in Brazil's Path to OECD Accession

June 14, 2022
Inter-American Development Bank (IDB) President Mauricio Claver-Carone and Brazilian Deputy Minister of Economy Marcelo Guaranys signed a commitment to broaden technical support for the Brazilian Ministry of Economy to align its policies with the best practices of OECD countries. A recent IDB study outlines efforts the Ministry has undertaken that follow OECD practices and contribute to the country's efforts to accede.
2022-06-14

IDB President Hails Brazil’s Digital Advances as Key to Harnessing Nearshoring Potential

June 14, 2022
SÃO PAULO — Brazil’s great strides in digitalization in recent decades have positioned it well to bolster its exports and participation in global trade. This was the message shared by Mauricio Claver-Carone, President of the Inter-American Development Bank (IDB), in his opening address at the Brasil Investment Forum (BIF) 2022 on Tuesday.
2022-06-14

IDB and Federal Government of Brazil Host Latin America’s Premier Investment Event

June 14, 2022
The Brazil Investment Forum (BIF) highlights the country’s biggest economic opportunities, including over $7.8 billion in nearshoring potential. IDB President Mauricio Claver-Carone opened the two-day event, featuring nine panels and a session led by the IDB Group.
2022-06-14