Finance Ministers of more than 30 countries and high officials of multilateral organizations to meet Oct. 11 at the IDB

October 04, 2017
Finance ministers from 34 countries of the Americas and the Caribbean are expected to attend a high-level meeting on October 11 with executives of the Inter-American Development (IDB), the International Monetary Fund (IMF) and the World Bank (WB) to discuss policy options for financial inclusion and regional trade integration. Argentine Finance Minister Luis Andrés Caputo will chair the Ninth Meeting of Finance Ministers of the Americas and the Caribbean, which will be held at the IDB’s headquarters.

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.

Finance ministers discuss deeper regional integration to stimulate growth and development in LAC

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.

IDB supports energy efficiency green bonds

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.

Latin American and Caribbean Carbon Forum 2015 with an eye towards the International Climate Conference, COP21

August 31, 2015
GENEVA, Switzerland - The Economic Commission for Latin America and the Caribbean (ECLAC) and the government of Chile will host the 9th Latin American and Caribbean Carbon Forum (LACCF 2015) in Santiago de Chile from September 9-11. The conference will cover the latest developments in market-based mechanisms to address climate change, carbon trading, climate finance, and low-emission development. 

IDB backs program to give SMEs in Barbados greater access to credit

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.

Remittance Flows Up in Central America and Caribbean, Down in Mexico and South America

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.

IDB signed a US$20 million for Global Loan Program with the Caribbean Development Bank for small Caribbean countries

May 21, 2013
The Inter-American Development Bank (IDB) signed today a US$20 million for a Global Loan Program with the Caribbean Development Bank (CDB) for projects in the four IDA-eligible Organization of Eastern Caribbean States (OECS) member countries. This loan was approved yesterday by the CDB’s board. 

Mexican migrant support program to improve with IDB support

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.