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.

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).

Colombia to promote environmental and socio-economic sustainability with IDB assistance

Monday, December 4, 2017 - 19:00
A $100 million loan will help improve management of natural capital and production opportunities in 170 municipalities Colombia will promote environmental and socio-economic sustainability in 170 municipalities affected by the country’s recently-ended conflict with help from a $100 million loan approved by the Inter-American Development Bank (IDB).

Paraguay to boost availability and quality of agricultural data with support from IDB

Friday, December 1, 2017 - 19:00
Plan will facilitate decision-making for public- and private-sector actors, benefit 300,000 farmers and others in the agricultural chain Paraguay aims to enhance the availability and quality of agricultural data to support decision-making by public- and private-sector actors, with the help of a $15 million loan approved by the Inter-American Development Bank. The project will finance implementation of the census system and farming surveys. Agriculture is a key sector of the Paraguayan economy, accounting for 25% of GDP, 30% of all jobs and 60% of exports.

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, Government and private sector discuss ways to ensure Belize’s sustainable development

Friday, July 28, 2017 - 20:43
Belize City, Belize– Top executives from the Inter-American Development Bank (IDB) visited Belize this week to discuss with key government officials and representatives of the private sector ways of deepening their partnership and cooperation to ensure the country’s sustainable development.

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).

Suriname to boost agriculture sector’s competitiveness with IDB loan

Tuesday, June 20, 2017 - 12:00
Suriname will improve its agricultural sector’s competitiveness and raise rural incomes and exports with a US$17.5 million loan approved by the Inter-American Development Bank (IDB). The farming industry is Suriname’s second largest export sector after mining, accounting for 7 percent of total export revenues. It employs 16 percent of the labor force and contributes 9 percent of the country’s Gross Domestic Product.

Multilateral banks to deepen collaboration with private sector to boost inclusive, sustainable infrastructure

Saturday, April 22, 2017 - 03:00
WASHINGTON, D.C. – Leaders of the top multilateral development banks (MDBs) have agreed to deepen their collaboration to encourage private sector investment in vital infrastructure needed to support sustainable and inclusive economic growth throughout the world.