May 19, 2022
Panama will increase the efficiency and equity of its spending by implementing its Smart Fiscal Ecosystem with a $20 million loan from the Inter-American Development Bank (IDB).
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.
April 08, 2022
IDB 2022 Latin America and Caribbean Macroeconomic Report finds war dampens growth prospects in Latin America and Caribbean Higher commodity prices provide fiscal relief for some countries, but oil importers face additional fiscal pressures; key policy actions to boost inclusive growth should not be delayed Report includes analysis of labor market reforms to create future jobs in formal economy The Russian invasion of Ukraine together with intere
March 21, 2022
The Dominican Republic will strengthen transparency, accountability, and integrity in public resources management with a $60 million loan from the Inter-American Development Bank (IDB).
March 10, 2022
Suriname will implement a program to restore its macroeconomic and fiscal sustainability with a $50 million loan approved by the Inter-American Development Bank (IDB). The loan will help Suriname to implement their economic reform programs in which they address the country’s macroeconomic and fiscal challenges while allowing the country to continue servicing its debt.
March 09, 2022
Jamaica will strengthen the public policy and the efficiency and effectiveness of fiscal management to address the health and economic crisis caused by COVID-19, with a $100 million loan approved by the Inter-American Development Bank (IDB).
December 13, 2021
BIP Data platform offers user-friendly, simple public investment data to citizens and decision makers Chile’s Ministry of Social Development and Family today launched BIP Data, a platform developed with Inter-American Development Bank (IDB) support, to enhance public spending transparency and improve government investment management nationwide.
November 29, 2021
Uruguay will spur its post-pandemic economic and fiscal recovery with help from a $145 million loan from the Inter-American Development Bank (IDB). This is the second operation in a series of policy-based loans, made up of two contractually independent but technically linked loans aimed at supporting Uruguay’s post-pandemic recovery. The first operation of $350 million was approved in 2020.
November 22, 2021
The Brazilian state of Sergipe will strengthen its fiscal management to improve fiscal sustainability with a $27.9 million loan from the Inter-American Development Bank (IDB). The project will finance measures to modernize fiscal and public spending management as well as improve tax administration.
November 17, 2021
Ecuador will promote economic recovery, macroeconomic stability, and social protection with assistance from a $500 million loan from the Inter-American Development Bank (IDB).