IDB launches US$2 billion 2-year Fixed Rate Bond

June 23, 2022
The Inter-American Development Bank (“IDB” or “IADB”), rated Aaa/AAA (Moody’s/S&P), priced a new US$2.0 billion 2-year Global benchmark. The transaction pays a semi-annual coupon of 3.25% and matures on 1st July 2024.
2022-06-23

Latin America and Caribbean Need to Reduce Gender Gap in Digital Transformation

June 23, 2022
An Inter-American Development Bank (IDB), IDB Invest and IDB Lab study reveals that 62% of representatives of major institutions and entities in the digital ecosystem in Latin America and the Caribbean think the digital gender gap is a problem in their respective countries. The same proportion believe that women have little participation in digital transformation processes because of a lack of skills and competencies.
2022-06-23

IDB Future Tourism Program Announces 10 Destinations Selected for Technical Support

June 14, 2022
The IDB announces the 10 winners of the Future Tourism Program regional contest. This program aims to help Latin America’s tourism industry become more competitive and sustainable by adopting digital and emerging technologies.
2022-06-14

IDB Group Organizes Inaugural BIDAcademy Knowledge Week

June 14, 2022
International experts will share groundbreaking knowledge on issues shaping the future of the region. The IDB Group is launching the first BIDAcademy Knowledge Week, where regional and international experts will share cutting-edge knowledge about development issues key to the future of the region. From June 27 to July 1, the event will showcase, celebrate and share the knowledge the IDB Group produces for Latin America, the Caribbean and the world.
2022-06-15

Statement on Capital Increase for IDB Invest

June 10, 2022
WASHINGTON - The Inter-American Development Bank (IDB) is proud of the support we have received over the past year from our member countries, and we welcome the announcement from United States President Joe Biden regarding a capital increase for IDB Invest, our private-sector entity.
2022-06-10

IDB and France Expand Latin America Partnership, Strengthen Sustainable Development Impact

June 09, 2022
The Inter-American Development Bank (IDB) and the Government of France, through the French Development Agency (AFD), to continue expanding their productive partnership in LAC. The IDB-AFD joint pipeline for 2022 has identified areas of collaboration of $593 million for the private sector and over $1.5 billion in sovereign guaranteed operations in Costa Rica, Dominican Republic, Colombia, and Ecuador.
2022-06-09

IDB Hosts Ministers and CEOs to Explore Nearshoring Investment Opportunities in Region

June 06, 2022
Latin America and the Caribbean could increase their exports by more than $70 billion in the short and medium term thanks to nearshoring, or the relocation of companies’ supply chains closer to end markets, according to preliminary data from a new study by the Inter-American Development Bank (IDB).
2022-06-06

Closing Gender Gaps Would Trigger Strong GDP Growth in Southern Cone – IDB report

June 02, 2022
If all workplace barriers women face were removed, Southern Cone countries’ GDP could rise by as much as 4 percent to 15 percent, a new report by the Inter-American Development Bank says. In Brazil, if ethnic barriers were also eliminated, GDP could gain as much as 30%, according to the report Closing the Southern Cone Gender Gaps – an Untapped Potential for Growth, which was issued during an international webinar on the subject.
2022-06-02

IDB Study Shows Path to Digitally Transforming Transportation in LAC

May 09, 2022
The report is based on data from an unpublished survey of 223 transportation companies and 96 industry leaders from around the globe. Latin America and the Caribbean (LAC) lags behind on digital technologies in transportation, which presents a major opportunity to boost a key economic sector, an Inter-American Development Bank (IDB) study finds.
2022-05-10

Tax Revenues in LAC Take a Historic Hit Before Showing Early Signs of Recovery

April 27, 2022
Tax revenues in Latin America and the Caribbean (LAC) fell by 8.0 percent on average in nominal terms and by 0.8 percent as a share of GDP in 2020 because of the COVID-19 pandemic, according to a new report released today. However, the region’s economic recovery and a rebound in commodity prices supported a recovery in tax revenues in 2021.
2022-04-27