IDB and IDB Invest Gain Board Support on Vision 2025 and Path Toward Capitalization

March 21, 2021
IDB President Mauricio Claver-Carone details “Vision 2025,” as Bank’s agenda focuses on recovery and sustainable growth for region at first Annual Meeting in two years.  Board of Governors approves resolution on recapitalization discussions, supports “Vision 2025.” BARRANQUILLA, Colombia – The Inter-American Development Bank's Board of Governors approved a resolution authorizing the analytic work required to consider a potential capital increase, and overwhelmingly supported the IDB’s “
2021-03-21

IDB study explores tech opportunities for the Central American economy

June 12, 2020
Areas of study are greater efficiency in spending and public services, the tax-raising potential of the digital economy, and maximizing the benefits of remittances Using technology can help in major economic sectors hit by the COVID-19 pandemic, such as remittances and public finances. As remittances decline, technology applied to international money transfers can generate efficiencies that help maximize the amount of money reaching recipients.
2020-06-12

IDB approves grant funds for countries receiving migrants in Latin America and Caribbean

May 07, 2019
Grant resources will support inclusive national development investments, regional projects, research, training on critical issues, and innovative solutions impacting development in region The Board of Governors of the Inter-American Development Bank has approved the use of its special grant facility to support operations that help countries integrate migrants into local communities and contribute to their development.

Ecuador to strengthen its fiscal sustainability with IDB support

April 24, 2019
$500 million in financing will protect macroeconomic stability and social spending Ecuador will strengthen its fiscal sustainability with $500 million in financing approved by the Inter-American Development Bank (IDB).

IIC Launches $80 Mln Initiative to Improve SME Corporate Governance in Latin America and the Caribbean

March 16, 2013
New initiative to help export-oriented SMEs to meet international best practices in corporate governance, facilitating access to long-term financing The Inter-American Investment Corporation (IIC) is launching a new $80 million initiative for direct lending to small and medium-sized enterprises (SMEs) in Latin America and the Caribbean. The initiative will provide loans and technical assistance packages to help export-oriented SMEs meet emerging international best practices in corporate governance.

Bolivia will improve urban restructuring in La Ceja with IDB loan

February 14, 2013
A $47 million loan will focus on supporting the Autonomous Municipal Government of El Alto in developing its urban infrastructure, citizen services and planning capabilities.

IDB’s Moreno calls for Closer Ties with China and launches new programs with Chinese financial institutions

September 16, 2011
IDB President meets with top Chinese officials on two-day visit that highlighted areas in which the two regions could share their expertise BEIJING, China – China and Latin America and the Caribbean should join forces to tackle development challenges such as education, urbanization and climate change, Luis Alberto Moreno, President of the Inter-American Development Bank (IDB), told Chinese officials during a visit.

IDB releases its 2010 Development Effectiveness Report

March 23, 2011
Report evaluates Bank’s efforts in measuring its development impact in Latin America and the Caribbean The Inter-American Development Bank (IDB) has made strides to boost transparency, accountability and enhance the development impact of its investments in Latin America and the Caribbean, according to the new edition of the IDB’s 2010 Development Effectiveness Overview.

Recycling: an opportunity for change in Colombia

February 14, 2011
Colombians change their life and transform their family’s financial situation through a recycling project supported by the IDB Óscar Restrepo never imagined that recycling garbage could change his life. Previously a construction worker, he now owns a small business that gives him a monthly income of US$490 a month; six years ago his monthly earnings were only US$40.

IDB confirms strong support for Barbados and announces new Country Strategy

November 26, 2009
  The Board of Executive Directors of the Inter-American Development Bank announced today the approval of the Country Strategy with Barbados for 2009-2013, affirming the IDB’s commitment to partner with the Government of Barbados on some of the country’s most important development priorities.   Sovereign-guaranteed lending is expected to be around $200 million over the five-year period and net cash flows from the Bank to Barbados are also expected to be positive in all years.