Better management of tight budgets could help Latin American and Caribbean governments to raise living standards - OECD/IDB
December 06, 2016
SANTIAGO, Chile – Governments in Latin America will need to improve public sector management and capacity – including budget allocation – to compensate for the pressure on public finances from sliding commodity prices, according to a new report by the OECD and Inter-American Development Bank covering more than 15 countries in the region.
October 05, 2016
Latin America and the Caribbean is urged to implement a bold integration agenda Finance ministers of the Americas and the Caribbean, and the heads of the Inter-American Development Bank, International Monetary Fund, the World Bank and the U.S. Department of Treasury met today at the IDB to discuss policy options for relaunching regional integration to stimulate growth and contribute to long-term development in the region.
Inter-American Development Bank / World Bank / Caribbean Development Bank joint press release on International Monetary Fund staff-level agreement with Suriname
April 15, 2016
The Government of Suriname and the International Monetary Fund (IMF) have agreed on the key elements of an economic program that would be supported by a Stand-By Arrangement (SBA). A reform agenda was put forward by the Surinamese authorities to stabilize Suriname’s economy and to set the stage for its recovery.
November 24, 2015
Financing package of up to $450 million to underwrite energy efficiency projects will also receive funding from Green Climate Fund The Inter-American Development Bank (IDB) has approved financing to establish a regional Energy Efficiency Green Bond Facility. The program was selected to receive up to $217 million in additional funding as one of eight projects worldwide in the first round of allocations announced by the Green Climate Fund (GCF) on November 6.
December 16, 2014
Loan of US$35 million will help modernize businesses and boost the country’s productivity The Inter-American Development Bank (IDB) has approved a loan of US$35 million, of which US$17.5 million come from its ordinary capital and US$17.5 million from the China Co-financing Fund for Latin America and the Caribbean, to help boost productivity in Barbados.
June 10, 2014
MIF study outlines 2013 trends, continued importance of flows for the Region In 2013, remittances to Central America and the Caribbean increased over the previous year while remittance flows to South America and Mexico declined, resulting in flat growth for the region as a whole, according to a new report from the Multilateral Investment Fund (MIF), a member of the Inter-American Development Bank (IDB) Group.
September 20, 2012
Loan of $21 million will step up investments of Mexican migrants in their home communities The Inter-American Development Bank (IDB) approved a second loan for $21 million to strengthen the 3x1 Program for Migrants of the Government of Mexico, which aims to develop the communities that have sent Mexican migrants abroad by leveraging the investments they make through their community organizations.
January 30, 2012
IDB financing to support BanBif’s business strategy to target middle-income markets The Inter-American Development Bank (IDB) closed and disbursed a $20 million subordinated loan to Banco Interamericano de Finanzas of Peru (BanBif) that will pave the way for increased mortgage lending.
December 07, 2011
The Multilateral Investment Fund (MIF) approved a $4 million equity investment in Angel Ventures Fund I, a fund that will invest in knowledge-intensive, technology-based firms in Mexico.
New IDB loans for Trinidad & Tobago total US$130 million for climate change and financial sector strengthening
December 05, 2011
The Inter-American Development Bank (IDB) approved a total of US$130 million for Trinidad and Tobago, including US$80 million for climate change measures and US$50 million to strengthen the financial sector.