Digitization of transactional public services would reduce red tape and corruption, save money in Latin America and the Caribbean

Monday, June 11, 2018 - 12:47
New IDB report recommends focusing on citizen experience interacting with government, investing in online services to benefit citizens, businesses and public sector institutions Digital transactional public services (“transactions”) take 74% less time than face-to-face transactions, cost much less and reduce corruption; nevertheless, in Latin America and the Caribbean there is still little investment to offer transactions online. The result? Citizens, firms and public institutions lose time, money and productivity.

Latin America and Caribbean single free trade agreement would reap $11 billion windfall, IDB study shows

Tuesday, May 29, 2018 - 14:22
Report urges action by major regional economies Argentina, Mexico and Brazil, amid challenging trade environment Latin America and the Caribbean could add an additional $11 billion in annual trade flows by blending 33 separate agreements into a single regional free trade bloc, according to a study by the Inter-American Development Bank (IDB).

IDB report underscores social benefits of sports for development but warns against program design flaws

Friday, May 25, 2018 - 09:23
Latin American and Caribbean region lags in sports spending, activity levels Latin American and Caribbean region could get a development boost from sports activities that improve the region’s social and health benefits, provided the programs are properly designed and monitored, according to a report by the Inter-American Development Bank.

IDB salutes Central American nations’ progress towards forming a Regional Electricity Market

Wednesday, April 18, 2018 - 23:57
The Inter-American Development Bank (IDB) yesterday hosted a meeting of Energy Ministers and senior regional regulatory agency officials from the Regional Electricity Market (MER) comprising Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua and Panama, along with representatives from the U.S. State Department and the Government of Mexico.

Business Forum brings together private and public sector leaders to promote infrastructure investment and integration

Friday, March 23, 2018 - 10:41
Argentine ministers and Mendoza governor take part in event held ahead of IDB Annual Meeting MENDOZA, Argentina – The III Business Forum opened today with the participation of nearly 900 business leaders and government officials from 30 countries, who convened to discuss an ambitious agenda focused on boosting investments in infrastructure, promoting regional economies, and speeding up regional integration in Latin America and the Caribbean.

New IDB macroeconomic report analyzes the current situation in Central America, Panama, and the Dominican Republic

Thursday, February 22, 2018 - 06:33
The big challenge is to strengthen inclusive growth and reduce poverty Economic growth in Central America, Panama and the Dominican Republic followed a positive path in 2017, with 3.8 percent expansion, although this scenario failed to produce significant improvement in poverty alleviation and income distribution. Amidst growing uncertainty over the path of the global economy, authorities in the region would do well to adopt actions and policies to foster inclusive development.

Job growth, increased saving keys to sustained and inclusive growth in Central America and the Dominican Republic

Tuesday, February 20, 2018 - 13:05
IDB hosts regional Governors in Punta Cana to review opportunities for growth and investment PUNTA CANA, Dominican Republic - The Governors for the Inter-American Development Bank’s member countries in the Central American isthmus and the Dominican Republic gathered at their 32nd Annual Meeting February 20-21 to discuss formulas for achieving inclusive economic growth, managing vulnerability to natural disasters and harnessing disruptive technologies to increase productivity and spur investment.

IDB launches 2018 Call for Proposals to receive financing for regional projects in Latin America and the Caribbean

Thursday, February 15, 2018 - 09:39
THE DEADLINE FOR ACCEPTING PROPOSALS FOR REGIONAL PUBLIC GOODS IS APRIL 16, 2018 The Inter-American Development Bank (IDB) launched the 2018 call for proposals for the Regional Public Goods (RPG) Initiative in Latin America and the Caribbean (LAC), which supports projects involving three or more countries.

Italy to contribute to IDB Transparency Fund

Wednesday, January 24, 2018 - 13:47
Italy is joining Norway, Canada and MasterCard as a partner and contributor to the Inter-American Development Bank’s Transparency Fund , a vital tool to help countries strengthen their anti-corruption and pro-transparency reforms. The government of Italy has donated €1 million. 

IDB extends deadline for open call for artists

Wednesday, January 10, 2018 - 10:32
The Inter-American Development Bank (IDB) is extending the deadline for artists to participate in an open call that is aimed for those who want to provoke, innovate and offer new perspectives on the development challenges of the region, as well as to demonstrate the immense artistic creativity of Latin America and the Caribbean.  The call will be opened until January 17th of 2018. Artists from Latin America, the Caribbean, and the United States can participate.