The Brazilian state of Alagoas to modernize its fiscal management with IDB financing

September 16, 2021
The Brazilian state of Alagoas will modernize its fiscal management to strengthen fiscal sustainability, competitiveness, and transparency with a $36 million loan from the Inter-American Development Bank (IDB).
2021-09-16

Fiscal policies against climate change can help create 15 million jobs

July 12, 2021
Finance and planning ministries play a central role in promoting fiscal policies that generate more and better jobs with the transition to green economies Adequate fiscal planning would help the decarbonization of the region's economies create 15 million net new jobs by 2030 A new Inter-American Development Bank (IDB) study, “
2021-07-12

New Toolkit to Boost Value Added Taxes on E-commerce in Latin America and the Caribbean

June 23, 2021
The surge in e-commerce following the COVID-19 outbreak has emphasised the importance of applying Value Added Tax (VAT) effectively to digital trade.  A new toolkit released today offers timely and valuable assistance to tax authorities in the Latin America and the Caribbean region for the effective collection of VAT revenues from e-commerce activities.
2021-06-23

IDB Group holds forum on sustainable recovery in advance of UN conferences

June 23, 2021
Media Advisory • "One Region, One Commitment"virtual summit will bring together officials from the region to showcase progress in climate and biodiversity policies on the road to COP15 and COP26 • Innovative financial projects and mechanisms that are driving transformations towards net-zero-emission and resilient economies to be presented The Inter-American Development Bank (IDB) will hold the One Region, One Commitment
2021-06-23

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.
2021-04-22

IDB Group and Japan Expand Partnership to Support Recovery in Latin America and Caribbean

March 23, 2021
The Inter-American Development Bank (IDB) has expanded its longstanding partnership with the Government of Japan through a partnership amendment signed with the Japanese Ministry of Finance (MOF) and a new Memorandum of Collaboration (MOC) with the Japan International Cooperation Agency (JICA). The signings reflect reinvigorated commitment from Japan and the IDB Group to cooperate in pursuit of social and economic recovery in Latin America and the Caribbean (LAC).
2021-03-23

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.
2021-03-23

With IDB support, Banco do Brasil qualifies for sustainable bonds market

March 22, 2021
Banco do Brasil, Latin America’s largest financial institution, completed its preparations to enter the market for sustainable bonds and has counted, for that, with the support of the Inter-American Development Bank (IDB). The objective is to seek the synergy between BB's experience in financing sustainability and the growing international and national appetite for investments that, in addition to financial return, generate social and environmental benefits.
2021-03-22

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
2021-03-21

IDB helps increase efficiency in the administration of social spending in Brazil

December 21, 2020
The $1.5 billion program includes a credit line and a first operation to support improvements of beneficiaries in child development through the Criança Feliz Program. The Inter-American Development Bank (IDB) recently approved a Conditional Credit Line for Investment Projects (CCLIP), called the Social Expenditure Modernization Program in Brazil and a first individual operation for the improvement of public policies for early childhood in the country.
2020-12-21