Costa Rica will strengthen its fiscal sustainability with IDB support

Tuesday, July 2, 2019 - 15:04
A $350 million loan will contribute to controlling expenditure and modernizing the country's tax system Costa Rica will strengthen its fiscal sustainability by controlling expenditure and modernizing the tax system with a $350 million loan approved by the Inter-American Development Bank (IDB). This is the first of two operations under the programmatic policy-based loan modality.

Argentina will strengthen transparency and integrity reforms with IDB support

Wednesday, June 5, 2019 - 18:19
A $200 million loan will contribute to access to public information, ethical conduct of public officials and management of the financial sector Argentina will continue to strengthen the transparency and integrity reforms of public management that the government has been promoting since 2016, with the support of a $200 million loan from the Inter-American Development Bank (IDB).

IDB approves grant funds for countries receiving migrants in Latin America and Caribbean

Tuesday, May 7, 2019 - 13:22
Grant resources will support inclusive national development investments, regional projects, research, training on critical issues, and innovative solutions impacting development in region The Board of Governors of the Inter-American Development Bank has approved the use of its special grant facility to support operations that help countries integrate migrants into local communities and contribute to their development.

Norway confirms long-lasting support to IDB Transparency Fund

Wednesday, January 30, 2019 - 13:10
The Government of Norway has contributed to the Inter-American Development Bank’s (IDB) Transparency Fund since its inception in 2007, to help countries curb corruption and implement pro-transparency reforms in Latin America and the Caribbean (LAC). In 2018, the government of Norway donated an additional $1,1 million.

IDB launches 2019 Call for Proposals to finance regional projects in Latin America

Wednesday, January 16, 2019 - 10:27
THE DEADLINE FOR ACCEPTING PROPOSALS FOR REGIONAL PUBLIC GOODS IS MARCH 1ST, 2019 The Inter-American Development Bank (IDB) launched the 2019 Call for Proposals for the Regional Public Goods (RPG) Initiative in Latin America and the Caribbean (LAC), which supports projects involving three or more countries.

Artificial intelligence to boost Latin American and Caribbean economies: IDB study

Wednesday, August 29, 2018 - 11:43
Study also urges governments to anticipate consequences of artificial intelligence in labor markets BUENOS AIRES – Artificial intelligence can facilitate trade negotiations and add one additional percentage point of growth to Latin American and the Caribbean economies, according to a study by the Inter-American Development Bank (IDB).

IDB Announces Settlement in Connection with Prohibited Practices

Tuesday, August 21, 2018 - 10:18
The Inter-American Development Bank (IDB) today announced the debarment of GL Systems LLC (“GL Systems”), an American company, for four years in connection with allegations of prohibited practices in three IDB-financed activities: (i) the Program for the Modernization of Customs, Excise and VAT Areas in Barbados, (ii) the Barbados Competitiveness Program, and (iii) an IDB corporate procurement contract.

Italy to contribute to IDB Transparency Fund

Wednesday, January 24, 2018 - 13:47
Italy is joining Norway, Canada and MasterCard as a partner and contributor to the Inter-American Development Bank’s Transparency Fund , a vital tool to help countries strengthen their anti-corruption and pro-transparency reforms. The government of Italy has donated €1 million. 

IDB supports Colombia’s efforts to fight and prevent corruption

Monday, December 11, 2017 - 19:00
Colombia will strengthen public surveillance and promote its institutions’ transparency and integration by boosting up the effectiveness of the Public Prosecutor's Office (PGN, after its Spanish initials) with help from a $40 million loan from the Inter-American Development Bank (IDB).

IDB supports Ecuador in rebuilding electricity infrastructure damaged by earthquake

Wednesday, January 25, 2017 - 03:00
The Inter-American Development Bank (IDB) will help Ecuador with a $60 million loan to rebuild electrical infrastructure in areas hit by an earthquake last April, through the incorporation of quake-resistant features in the provinces of Esmeraldas, Manabí and Santo Domingo. The specific goals of the project are to restore the supply of electricity through the sub-transmission systems of the utility companies affected by the quake and facilitate reliable supply of electricity to final users through the implementation of electrical distribution projects.