Ilan Goldfajn Elected IDB President

November 20, 2022
(Updated to add the starting date) Ilan Goldfajn was elected president of the Inter-American Development Bank (IDB) today during a Special Meeting of the Bank’s Board of Governors. The meeting was held at IDB Headquarters in Washington, D.C., with delegations attending virtually and in person. Nominated by Brazil, Goldfajn will take office for a five-year term on December 19, 2022.  

Brazilian State of São Paulo to Advance its Digital Transformation with IDB Support

September 08, 2022
The State of São Paulo, Brazil, will advance its digital transformation process to improve the quality and efficiency of public services to citizens, with a $164 million loan approved by the Inter-American Development Bank (IDB). The funds will be used to expand digital inclusion through greater access to and use of digital public services, and to improve the efficiency and transparency of public management through digital transformation.

IDB Finds Digital Services Drive 74% Savings for Businesses and Citizens of São Paulo City

August 31, 2022
Brazilian municipality obtained a return of 27 reals for every real invested in digital transformation. The study analyzed costs related to travel, wait times, shipping, human resources and other aspects. A study conducted by the Inter-American Development Bank (IDB) based on data from the City of São Paulo, “Economic benefits of the digital transformation of public services

Panama will Advance in its Digital Transformation with IDB Support

March 10, 2022
The $60 million loan will support the strengthening of the Central American country’s innovation ecosystem Panama will promote the digital transformation of management and public services with a $60 million loan approved by the Inter-American Development Bank (IDB).

Closing Digital Access Gap Would Provide Big Boost to Caribbean Economies: IDB report

January 10, 2022
Closing the digital access gap between the Caribbean and the more advanced economies could increase the region’s GDP by about 6 to 12 percent over the medium term and provide a strong boost to a post-COVID-19 recovery, according to a new report by the Inter-American Development Bank.

IDB and Telefónica Launch Initiative to Connect Entrepreneurs and Corporations

November 07, 2021
Institutional partnership between the two organizations will promote inclusive digital transformation in different areas CIV-LAC is a platform that will help scale up nearly 600 startups through open innovation processes with large and medium-sized companies from Spain and Latin America  MADRID – Inter-American Development Bank (IDB) President Mauricio Claver-Carone and Telefónica Chief Executive Officer José María Álvarez-Pallete met today to strengthen the institutional alliance maintained by both organizations and to continue promoting inclusive dig

Argentina to Increase Internet Access and Digitization of Remote Areas with IDB Support

October 14, 2021
The Inter-American Development Bank (IDB) has approved a $100 million loan for a program to promote Internet access and digitization in Argentina. The operation seeks to improve digital connectivity infrastructure in remote areas, increase the capacity of the National Data Center, and improve the digital capabilities of citizens in connected areas.

IDB and International Organizations Promote Cooperation in Artificial Intelligence

September 16, 2021
The IDB, along with seven international organizations joined forces to launch a new portal promoting global cooperation on artificial intelligence (AI). The portal is a one-stop shop for data, research findings and good practices in AI policy. The objective of the portal is to help policymakers and the wider public navigate the international AI governance landscape. It provides access to the necessary tools and information, such as projects, research, and reports to promote trustworthy and responsible AI that is aligned with human rights at the global, national, and local level.

Dominican Republic to improve digital connectivity with $115 million IDB loan

July 13, 2021
The project will boost the level of digitalization of the population in order to step up access, adoption and continuity of digital services with a gender perspective The Dominican Republic will improve connectivity to boost access to digital services as well as people’s adoption and continuity of such services with help from a $115 million loan approved by the Inter-American Development Bank (IDB).

Closing digital gap could create up to 15 million jobs in Latin America and the Caribbean

June 23, 2021
New IDB report evaluates broadband development in 26 countries in the region Latin America and the Caribbean could dramatically increase employment and kickstart sustainable economic growth if it closed its digital connectivity gap with members of the Organization for Economic Cooperation and Development, according to a new study by the Inter-American Development Bank (IDB). Closing the gap with OECD countries would create over 15 million direct jobs, boost regional economic growth (GDP) by 7.7%, and increase productivity by 6.3%, according to the study.