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

More Trust will Power a Stronger Recovery in Latin America and Caribbean: IDB Report

January 13, 2022
Lack of trust shown to undermine firm growth and innovation. Report calls for key reforms to promote trust and boost post-COVID recovery. Dealing with power and information asymmetries needed to improve trust.  Increasing trust is key to a more dynamic business sector and economic reforms needed for a stronger post-COVID recovery in Latin America and the Caribbean, according to a new flagship report by the Inter-American Development Bank.

Uruguay to Stimulate Economic Recovery with $145 Million IDB Loan

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.

Exports from Latin America and the Caribbean rebound despite pandemic

November 16, 2021
Intraregional sales achieve a solid increase Tourism and travel suffer a steep decline; knowledge-based services show resilience Exports from Latin America and the Caribbean increased 31.2 percent in the first half of 2021, driven by the dynamism of external demand, the lifting of restrictions on mobility, and progress of vaccination campaigns against COVID-19, according to a new report from the Inter-American Development Bank.

LSE and IDB launch The Latin America and Caribbean Inequality Review

September 22, 2021
The IDB will host a launch event Inequality in Latin America and the Caribbean: A Call to Action on September 23 A new research project to investigate why inequality remains so stubbornly high in Latin America and to identify ways to address this development challenge has been launched by the Inter-American Development Bank (IDB), the International Inequalities Institute (III) at the London School of

Latin America trade recovers from pandemic impacts

June 03, 2021
The value of exports from Latin America grew 8.9 percent in the first quarter of 2021 compared to the same period in the previous year, consolidating a change in trend after the contraction caused by the COVID-19 pandemic, a new report from the Inter-American Development Bank has found. The drop in the value of exports in 2020 was 9.0 percent.

Slow tourism industry recovery underscores need for key reforms in Caribbean: IDB report

May 17, 2021
The extreme uncertainty surrounding the tourism recovery in the Caribbean highlights the importance of boosting innovation and supporting transformations that align tourism destinations and products with post-pandemic global demand trends, according to a report of the Inter-American Development Bank.

With IDB support, Brazil's BNDES launches framework for sustainable bonds

April 01, 2021
BNDES launches Sustainability Bond Framework built with support from the Inter-American Development Bank Document gains favorable opinion from international company  The Brazilian National Bank for Economic and Social Development (BNDES) is launching its Sustainability Bond Framework (SBF), produced through a partnership with the Inter-American Development Bank (IDB). The document aims to enable the issuance of green, social, and sustainable bonds in Brazil and abroad.

With IDB support, Banco do Brasil qualifies for sustainable bonds market

March 22, 2021
Banco do Brasil, Latin America’s largest financial institution, completed its preparations to enter the market for sustainable bonds and has counted, for that, with the support of the Inter-American Development Bank (IDB). The objective is to seek the synergy between BB's experience in financing sustainability and the growing international and national appetite for investments that, in addition to financial return, generate social and environmental benefits.

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 “