Tuesday, August 3, 2010 - 03:00
The Inter-American Development Bank (IDB) published today on its Web site the report that provides the strategic direction for the Bank over the next decade. The Report on the Ninth General Increase in the Resources of the Inter-American Development Bank establishes the IDB’s strategic priorities, institutional reforms and accountability for results related to the Bank’s capital increase. The report also details the financial terms and conditions to implement the general capital increase.
Thursday, July 22, 2010 - 03:00
Member countries provide strategic vision and accountability framework Bank will expand support to small and vulnerable countries Key goals include reducing poverty and inequality, promoting regional integration and sustainable energy, helping countries tackle climate change At the end of a 60-day voting period, the Board of Governors of the Inter-American Development Bank offered broad support for the approval of the financial terms for a $70 billion increase of the Bank’s ordinary capital.
Wednesday, April 28, 2010 - 03:00
The cross debarment agreement signed recently by the world’s top multilateral banks is a milestone for the anticorruption agenda. Due to come into force by mid-year, the agreement says that if one Multilateral Development Bank (MDB) declares a firm or individual ineligible for procurement contracts because of fraud and corruption, then all the other MDBs will do the same.
Multilateral Development Banks (MDBs) step up their fight against corruption with joint sanction accord
Friday, April 9, 2010 - 03:00
LUXEMBOURG –Taking a major step in the global fight against fraud and corruption, leading Multilateral Development Banks (MDBs) today signed an agreement to cross debar firms and individuals found to have engaged in wrongdoing in MDB-financed development projects.
Wednesday, February 17, 2010 - 03:00
The Inter-American Development Bank (IDB) approved today a new policy to establish the Independent Consultation and Investigation Mechanism. The policy will give better access to communities to express their concerns on Bank financed-projects in their countries and monitor their execution. The new policy is part of ongoing efforts by the IDB to increase the transparency, accountability and effectiveness of its actions.
Tuesday, March 31, 2009 - 03:00
Governments approve kicking off process to review IDB capital levels. Seminars, dialogues, exhibitions and debates mark IDB’s 50-year anniversary.MEDELLÍN, Colombia – For nearly a week ending today, this picturesque and thriving city transformed itself into the economic epicenter of Latin America and the Caribbean.
Monday, March 30, 2009 - 03:00
MEDELLÍN, Colombia – The Board of Governors of the Inter-American Development Bank (IDB) today instructed the Bank’s management to “start immediately” to review the need for an increase in its ordinary capital, which currently stands at $101 billion, and a replenishment of its concessional lending window, the Fund for Special Operations.
Prepared Statement by Treasury Secretary Tim Geithner at the Inter-American Development Bank’s Annual Meeting of the Boards of Governors
Sunday, March 29, 2009 - 03:00
FOR IMMEDIATE RELEASE: March 29, 2009 CONTACT: Treasury Public Affairs (202) 622-2960 Medellin, Colombia -- President Moreno, ministers, ladies and gentlemen, I am delighted to be able to join you today. I would like to thank the Government of Colombia for hosting this important meeting in this historic city of Medellin. We meet at a critical time, for this hemisphere, for the global economy, and for the Inter-American Development Bank.
Friday, March 27, 2009 - 03:00
On the third day of activities in Medellín in conjunction with the IDB-IIC Annual Meetings, a series of seminars, loan signing ceremonies and the inauguration of Expodesarrollo 2009 will take place at the Plaza Mayor Convention Center.9:00 a.m.–12:30 p.m.
Wednesday, March 4, 2009 - 03:00
Finance ministers, central bankers and high ranking officials from the 48 member countries of the Inter-American Development Bank will hold the Annual Meeting of the Boards of Governors of the IDB Group in Medellin, Colombia, March 27-31. The event, the main forum for discussion of political, economic and social development in Latin America and the Caribbean, attracts thousands of participants, including bankers, business leaders, academics, civil society representatives and journalists every year.