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Honduras to Strengthen Its Social Protection System with IDB Support

December 01, 2022
This program hopes to benefit 50,000 households in extreme poverty that will receive conditional cash transfers. The Inter-American Development Bank (IDB) approved a $75.9 million loan to improve living conditions in households in the areas of Honduras with the highest rates of extreme poverty, and to cultivate human capital and self-management capacity in those households.
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 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

IDB and France Expand Latin America Partnership, Strengthen Sustainable Development Impact

June 09, 2022
The Inter-American Development Bank (IDB) and the Government of France, through the French Development Agency (AFD), to continue expanding their productive partnership in LAC. The IDB-AFD joint pipeline for 2022 has identified areas of collaboration of $593 million for the private sector and over $1.5 billion in sovereign guaranteed operations in Costa Rica, Dominican Republic, Colombia, and Ecuador.
2022-06-09

Central America, Panama and the Dominican Republic are Recovering, but Face Challenges

March 14, 2022
According to the latest IDB Group report, Costa Rica, El Salvador, Guatemala, Nicaragua, and the Dominican Republic have already recovered pre-pandemic economic activity levels. During 2021 the IDB Group approved $3.38 billion in financing to support the productive sector, inclusive recovery from the COVID-19 crisis, employment, value chains, and digitalization.  
2022-03-14

Korea Contributes $4 Million to IDB Fund to Strengthen Public Sector Capacity

March 01, 2022
Korea-IDB partnership to expand with a new contribution to the Korea Public Capacity Building Fund (KPC) managed by the IDB. This contribution is the first installment of a $20 million pledge made by Korea to the KPC in late 2021.
2022-03-01

Finland Contributes €300,000 to Promote Digitalization and Education in the Caribbean

February 23, 2022
The Inter-American Development Bank (IDB) and Finland expanded their cooperation in the education space through a €300,000 contribution. The funding will support teacher training on digital education and distance learning pedagogies in the Caribbean. Finland’s support is provided through its Ministry for Foreign Affairs and is delivered to programming in Guyana, Jamaica, and Suriname. The initiative is part of a regional teacher training program also including Barbados and Trinidad and Tobago.
2022-02-23

IDB Approved $85 Million Package of Investment Loans for Suriname

February 21, 2022
$85 million support package comprises three investment loans for critical sectors Projects will address key social challenges and aim to directly improve citizens’ quality of life The Inter-American Development Bank (IDB) approved an $85 million package of investment loans to support Suriname’s efforts to address pandemic-era macroeconomic challenges.
2022-02-22

IDB and Telefónica Launch Initiative to Connect Entrepreneurs and Corporations

November 07, 2021
Institutional partnership between the two organizations will promote inclusive digital transformation in different areas CIV-LAC is a platform that will help scale up nearly 600 startups through open innovation processes with large and medium-sized companies from Spain and Latin America  MADRID – Inter-American Development Bank (IDB) President Mauricio Claver-Carone and Telefónica Chief Executive Officer José María Álvarez-Pallete met today to strengthen the institutional alliance maintained by both organizations and to continue promoting inclusive dig
2021-11-08

Inter-American Development Bank and the Rockefeller Foundation Announce Energy Partnership

October 12, 2021
In continuation of efforts to develop novel MDB finance mechanisms on climate change and ongoing discussions with U.S. Treasury Secretary Janet Yellen, the IDB and the Rockefeller Foundation have announced a partnership to jointly support the expansion of energy access, a green energy transition, and job creation in Latin America and the Caribbean.
2021-10-12