Quality expenditure and digitalization, priorities for Central America, Dominican Republic

Friday, February 15, 2019 - 23:41
The IDB brings regional Governors to its Washington, D.C. headquarters to consider policy options to speed up growth and reduce poverty The Governors of the Inter-American Development Bank’s (IDB), Central American Isthmus and the Dominican Republic held their 33rd Annual Meeting to discuss options to achieve higher growth rates and foster productive activities in the years to come. The region grew 3.8 percent in 2018, way above the 1.1 percent average for Latin America and the Caribbean as a whole. In addition, it is expected to grow 4.2 percent in 2019.

Government spending waste costs Latin America and Caribbean 4.4% of GDP: IDB study

Monday, September 24, 2018 - 15:05
Inefficiencies and fraud in procurement, civil service and targeted transfers could be as large as $220 billion a year Report includes policy recommendations to improve spending in healthcare, education, infrastructure and public safety

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).

Introducing the winners of the ALAS-IDB 2017 Awards

Thursday, November 9, 2017 - 19:00
In a highly competitive edition, among the winners of the awards that celebrate educational innovation for early childhood development we find Brazil, Colombia and Guatemala. Washington, DC, Nov 9.

Shakira and the Inter-American Development Bank President present the ALAS-IDB 2016 Awards finalists

Monday, October 16, 2017 - 03:00
Washington, DC, Oct. 16.- Inter-American Development Bank (IDB) President Luis Alberto Moreno, international artist and education activist Shakira and the ALAS Foundation are joining forces again to recognize and reward the early-childhood education improvement and innovation champions in our region.

Latin America and the Caribbean faces critical skills gap, IDB study finds

Wednesday, August 30, 2017 - 03:00
· Despite spending more than 5% of GDP on education and skills programs, region lags many peer nations · Government actions key to forming workforce capable of dealing with future challenges MEXICO CITY, Mexico - Despite well-intentioned efforts, many government programs fail to provide Latin American and Caribbean children and adults with the skills they need to thrive, the Inter-American Development Bank’s 2017 flagship study finds.

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.

The trade slowdown in Latin America and the Caribbean is more intense than in the rest of the world

Thursday, November 17, 2016 - 03:00
South American and Caribbean countries were the most affected. Following two years in a downward trajectory, the value of Latin American exports fell 14.8 percent in 2015, and 8.5 percent in the first seven months of 2016, according to the Trade and Integration Monitor 2016 of the Inter-American Development Bank.

IDB announces partner institutions for the 2012 Cultural Development Program

Wednesday, August 8, 2012 - 03:00
Partner institutions include artistic and cultural institutions and organizations of the Civil Society The Inter-American Development Bank (IDB) has selected 50 partner institutions to receive financing and technical assistance for cultural development projects in 26 countries. These projects will receive grants under the Cultural Development Program, designed to support artistic and creative endeavors.