IDB highlights strengths of Central America in the face of external economic challenges

Wednesday, April 3, 2019 - 15:14
Two new studies on the region examine the current economic landscape and the work that the IDB Group has carried out over the last year. The economy of Central America and the Dominican Republic has continued to grow over the past year, although at significantly different rates depending on the country. For 2018, growth is estimated at 3.8 percent, a level similar to that of 2017, thanks to a robust economic performance by the region´s main trading partner, the United States.

Global Alliance to Promote the Use of Blockchain in Latin America and the Caribbean

Tuesday, October 30, 2018 - 11:45
Representatives of the IDB Lab, the innovation laboratory of the Inter-American Development Bank (IDB) Group, together with representatives of the world's leading technology and consulting companies, announced today the launch of LAC-Chain, a new alliance to promote the use of blockchain in Latin America and the Caribbean. The presentation of this new alliance took place at the FOROMIC 2018 conference, which is being held this year in Barranquilla, Colombia.

Multilateral banks reaffirm pledge to support resilient, sustainable infrastructure

Saturday, October 13, 2018 - 16:41
IDB President Luis Alberto Moreno participates in the opening session BALI, Indonesia - The heads of the leading multilateral development banks (MDBs) meeting at the Global Infrastructure Forum 2018 (GI Forum) today expressed their condolences following the tragic loss of lives and livelihoods in Sulawesi, Indonesia and reaffirmed their commitment to work together to deliver infrastructure that is resilient, inclusive, and sustainable.

IDB to join new Caribbean Climate-Smart Accelerator to facilitate $1bn of investments

Thursday, August 9, 2018 - 10:23
Backed by 26 Caribbean governments and the private sector, the Accelerator will fast-track investments which support climate action and economic growth    The Inter-American Development Bank announced today that it will partner with the Caribbean Climate-Smart Accelerator to program and implement the additional $1 billion in funds that it pledged for climate smart-investments across the Caribbean region at the Paris One Planet summit on December 12, 2017.

More than 3,000 business meetings held at LAC Flavors Argentina 2017

Tuesday, November 7, 2017 - 19:00
Buenos Aires, Argentina- More than 560 food exporting companies from Latin America and the Caribbean (LAC) met with 120 international buyers from five continents at LAC Flavors 2017, where they closed transactions valued at a projected amount of $152 million, according to preliminary data from the Inter-American Development Bank (IDB).

IDB Convenes Caribbean Agricultural Policy Forum in Suriname

Thursday, July 27, 2017 - 03:00
PARAMARIBO, Suriname – On July 25, 2017, the Ministers of Agriculture of Suriname, Guyana, Haiti, and the Dominican Republic, as well as representatives of the Ministries of Agriculture of Jamaica, Belize, Barbados and The Bahamas participated in the Caribbean Agricultural Policy Forum organized by the Inter-American Development Bank (IDB).

Latin American and Caribbean exports increase for the first time in four years

Monday, May 22, 2017 - 03:00
A new report by the IDB estimates a year-on-year growth rate of 17 percent in the first quarter of 2017 After four consecutive years of contraction, Latin American and Caribbean exports returned to a path of growth. In the first quarter of 2017, the value of goods exports increased 17 percent year-on-year, having contracted 2.9 percent in 2016. The recovery was driven primarily by a rebound in commodity prices, according to an analysis conducted by the Inter-American Development Bank (IDB) using detailed data for 25 countries in the region.

More than 800 business and government leaders discuss ambitious integration agenda to compete in global trade

Friday, March 31, 2017 - 03:00
IDB President and Paraguay’s Minister of Industry and Trade inaugurate the Business Forum at the Bank’s Annual Meeting ASUNCION, Paraguay – The Business Forum “Latin America: An Agenda for Growth and Development” opened today, with more than 800 business leaders and high-level government officials from 33 countries. The participants gathered to discuss Forum an ambitious integration agenda to help the region participate in international value chains and compete in global trade.

IDB launches 2017 Call for Proposals to promote Regional Public Goods in Latin America and the Caribbean

Friday, February 24, 2017 - 03:00
The deadline for accepting proposals is April 26th, 2017 The Inter-American Development Bank (IDB) launched the 2017 Call for Proposals of the Initiative for the Promotion of Regional Public Goods in Latin America and the Caribbean (LAC), which supports projects aimed at resolving shared challenges and seizing opportunities for development through regional cooperation among at least three countries. Since 2004, the RPG Initiative has financed 140 projects, investing a total of more than US$103 million.

Lowering fiscal and external vulnerability the key to promoting growth in Central America and the Dominican Republic

Thursday, February 9, 2017 - 03:00
Regional IDB Governors meet in Washington to analyze economic prospects for 2017 The modest recovery in the United States and continuing favorable financial conditions in 2017 will also represent sources of economic stimulus throughout the year for the countries of Central America and the Dominican Republic, which will translate into growth of around 3.9 percent in 2017. Internal financial and monetary reforms should ensure price stability and the health of the banking system.