Tax revenues in Latin America and the Caribbean rose modestly before COVID-19 crisis

April 22, 2021
Tax revenues rose moderately across Latin America and the Caribbean (LAC) in 2019 before declining sharply in 2020 as the COVID-19 pandemic drove down global economic activity, according to new analysis released today.

IDB addresses how to use public policy to mitigate social risk brought on by the pandemic

March 23, 2021
The annual report on Central America, Haiti, Mexico, Panama and the Dominican Republic offers proposals on how to prevent inequality and social discontent in the region from rising. The COVID-19 crisis could erase social progress achieved in Central America, specifically in reduction of poverty and inequality, and also have a disproportionate effect on people who are the most vulnerable.

IDB and IDB Invest Gain Board Support on Vision 2025 and Path Toward Capitalization

March 21, 2021
IDB President Mauricio Claver-Carone details “Vision 2025,” as Bank’s agenda focuses on recovery and sustainable growth for region at first Annual Meeting in two years.  Board of Governors approves resolution on recapitalization discussions, supports “Vision 2025.” BARRANQUILLA, Colombia – The Inter-American Development Bank's Board of Governors approved a resolution authorizing the analytic work required to consider a potential capital increase, and overwhelmingly supported the IDB’s “Vision 2025” agenda for recovery and sustainable economi

Build the Americas, a new tool to incentivize greater competition in infrastructure bids

March 17, 2021
The Inter-American Development Bank today launched Build the Americas, a mobile application designed to increase transparency and competition in the bidding process for infrastructure projects it finances in Latin America and the Caribbean. The app provides access to information on upcoming IDB-financed procurements in sectors such as energy, transportation, and water and sanitation, while facilitating the connection between infrastructure developers and local suppliers of goods and services.

IDB celebrates Mayors Forum on sustainable and inclusive recovery in cities

March 12, 2021
The IDB Cities Network will virtually hold a Mayors Forum: The Path Towards an Inclusive and Sustainable Recovery in Cities on March 15-16, 2021, as a preamble to the Annual Meeting of Governors of the IDB and IDB Invest.

Jamaica gets US$75 million loan from IDB to strengthen COVID-19 response

March 11, 2021
Jamaica will get a US$75 million loan from the Inter-American Development Bank (IDB) to strengthen the efficiency and effectiveness of public policy and fiscal management in response to the health and economic crisis caused by COVID-19.

The Caribbean must build sound fiscal, monetary, financial institutions to boost growth

March 03, 2021
New IDB study lays out specific reform agendas for The Bahamas, Barbados, Guyana, Jamaica, Suriname, and Trinidad and Tobago To build resilience against external shocks and recover from the COVID-19 pandemic, Caribbean countries must advance key fiscal and financial reforms that range from stronger tax and pensions systems to improved debt and financial management, a new study by the Inter-American Development Bank (IDB) says.

IDB Announces Winner of the 2020 Barranquilla LAB Cities Contest

December 14, 2020
The Inter-American Development Bank (IDB) announced that the Huella Cultural team of the University of Buenos Aires in Argentina is the winner of the sixth edition of its LAB Cities Contest. This edition, organized by the IDB's Cities Laboratory in collaboration with the Barranquilla Mayor's Office, aims to develop an urban development strategy for the recovery of the Old Center of Barranquilla, Colombia.

IDB launches Innopolis Contest to award urban innovation

October 08, 2020
The Cities Network of the Inter-American Development Bank (IDB) today launches the first edition of Innopolis, an urban innovation contest that will reward good practices of governments and local development agencies to face challenges in the cities of Latin America and the Caribbean.

Deep inequalities worsen Latin America and Caribbean vulnerabilities to crises: IDB report

September 11, 2020
Report calls for deep reforms to create a new social contract in region Improvements in income inequality stall in recent years Poor hit harder by the pandemic Latin America and the Caribbean is especially vulnerable to the impacts of the COVID-19 because inequality is both deep and spread out over multiple dimensions, from race and gender to unequal access to education, health and other services, a new report by the Inter-American Development Bank shows.