Panama to Make Spending More Efficient and Equitable with $20 Million Loan from IDB

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).
2022-05-19

Panama to Host Latin America’s Top Public-Private Partnerships Forum, PPP Americas

May 18, 2022
The president of the Inter-American Development Bank (IDB) announced that Panama City will host the 11th regional forum in 2023. The announcement followed a bilateral meeting between the president of the IDB, Mauricio Claver-Carone, and the president of Panama, Laurentino Cortizo, to discuss joint efforts to accelerate Panama's development and explore opportunities to enhance Panama's leadership in Latin America and the Caribbean.
2022-05-18

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

IDB Lab Launches Call to Manage Chemicals and Hazardous Waste in the Caribbean

April 19, 2022
IDB Lab, the innovation laboratory of the Inter-American Development Bank, convened the BlueTech for Waste Challenge, an initiative to find innovative solutions that contribute to the sustainable management of chemicals and hazardous waste in twelve countries in the Caribbean. This call is made in collaboration with the Global Environment Facility (GEF), through its Global ISLANDS program, in order to protect human health and the environment and address the climate vulnerabilities of the region.
2022-04-19

IDB report outlines steps for region to respond to Russian War in Ukraine, COVID

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
2022-04-08

IDB Lab Investment Seeks to Digitize Small Businesses in Brazilian Favelas

April 06, 2022
IDB Lab, the innovation laboratory of the Inter-American Development Bank (IDB) Group, will invest $1.5 million in Brazilian startup, Dolado, to promote the digitalization of micro, small, and medium-sized enterprises (MSMEs) operating in Brazil’s favelas. This capital will allow for the development of a platform that provides small merchants with access to credit and supply chains, as well as management tools that are custom-tailored for their specificities.
2022-04-06

IDB Lab and WeXchange Launch New Call to STEM Women Entrepreneurs

March 21, 2022
The initiative, aimed at fast-growing women entrepreneurs from Latin America and the Caribbean, will be open until April 8. Those selected will have access to investors and to training at a bootcamp organized by Google.
2022-03-21

IDB Approves $60 million to Support Transparency and Integrity in the Dominican Republic

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).
2022-03-21

Suriname to Advance in Restoring Macroeconomic and Fiscal Sustainability with IDB Support

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.
2022-03-10