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

IDB Mobilizes $1 Billion for COVID-19 Vaccine Financing in Latin America and the Caribbean

December 16, 2020
The funds will complement the Bank´s efforts to support health care and economic recovery. Today, the Inter-American Development Bank (IDB) announced that it will mobilize $1 billion to help Latin American and Caribbean countries acquire and distribute COVID-19 vaccines.
2020-12-16

IDB supports health, social and economic COVID-19 resilience in OECS Caribbean countries

November 26, 2020
The Inter-American Development Bank (IDB) approved a US$50 million loan to support member countries of the Organisation of Eastern Caribbean States (OECS) and their response to the health, social and economic consequences caused by the COVID-19 crisis.
2020-11-26

IDB unveils roadmap for sustainable, inclusive development in the Dominican Republic

November 18, 2020
The IDB presents the report BIDeconomics Dominican Republic: Opportunities for Sustainable, Inclusive and Resilient Development The report identifies three fundamental challenges for the country: human capital, institutional capacity and productive transformation.  The Dominican Republic is at a turning point in terms of economic and social development.
2020-11-18

The IDB and Its Partners Launch the Early Childhood Development Hub

September 24, 2020
The Hub is the first website that consolidates into a single location and facilitates access to resources and knowledge about early childhood produced throughout the region.  This collective learning initiative is being driven by the Early Childhood Development Innovation Fund, an alliance of the IDB, FEMSA Foundation, Maria Cecilia Souto Vidigal Foundation, Open Society Foundations, and Porticus. The Inter-American Development Bank (IDB), together with its partners in the
2020-09-24

IDB says the pandemic will affect future earnings of an entire generation of children

September 16, 2020
Closure of preschool programs for six months means losses in future salaries equivalent to over 5% of the GDP in some countries of Latin America and the Caribbean. Hundreds of millions of children are losing daily learning opportunities resulting in potentially large losses in education, health, income, and productivity over their lifetimes due to preprimary‑program closures, says the new IDB study “Economic Costs of Pr
2020-09-16

IDB helps Uruguay protect vulnerable population amid COVID-19 crisis

September 02, 2020
The Inter-American Development Bank has approved a $125 million loan for Uruguay to help ensure minimum living standards for vulnerable people amid the health crisis triggered by the COVID-19 pandemic. The plan will support basic levels of income and employment for people affected by the pandemic, both now and in the post-crisis recovery period.
2020-09-02

Infrastructure transformation will generate big windfall for Latin America and Caribbean

July 30, 2020
Infrastructure will be key to spur post-pandemic recovery New study shows how smart infrastructure investments benefit poor households the most Flagship report analyzes policy options for infrastructure that bring about climate-friendly reforms and address social expectations A new report by the Inter-American Development Bank charts a course for a massive infrastructure transformation in Latin America and the Caribbean through gains in efficie
2020-07-30

IDB approves $450-million loan to help Bolivia confront effects of COVID-19

June 19, 2020
RESOURCES WILL HELP FINANCE COUNTRY’S EFFORTS TO MITIGATE PANDEMIC’S ECONOMIC EFFECTS THROUGH EXISTING MONEY TRANSFER PROGRAMS The Inter-American Development Bank (IDB) has approved a $450-million loan to help Bolivia ensure minimum living standards for vulnerable sectors of the population during, and in the aftermath of, the coronavirus pandemic. To mitigate income losses caused by the crisis, the Government of Bolivia is implementing large-scale compensatory policies to help sustain consumption levels in the most vulnerable households.
2020-06-19

The IDB & The GovLab launch Smarter Crowdsourcing in the Age of Coronavirus

July 07, 2020
The Smarter Crowdsourcing initiative brings together a network of public leaders and global experts to address the challenges of managing a pandemic in Latin America and the Caribbean. Brooklyn, NY – The Inter-American Development Bank (IDB) together with The Governance Lab (The GovLab) at New York University Tandon School of Engineering, today launched “Smarter Crowdsourcing in the Age of Coronavirus.” This rapid policy advising initiative convenes pu
2020-07-07