IDB Approves Additional $1.8 Billion for Sustainable Development, Integration in LAC

December 08, 2021
Resources approved this week will promote sustainability and inclusion policies and programs in Barbados, Brazil and the Dominican Republic, as well as economic integration among the River Plate Basin countries. More than 70% of approved resources, or $1.3 billion, were assigned to Brazil. The IDB will release its total 2021 loan and operations amounts by December 17. The Board of Directors of the Inter-American Development Bank (IDB) approved five operations this week, to
2021-12-08

IDB approves $300 million credit line to improve integration in Cuenca del Plata

December 08, 2021
The Inter-American Development Bank has approved a credit line for $300 million to improve the integration of countries located in the Cuenca del Plata, through actions in sustainable infrastructure, trade facilitation and urban development in border areas.
2021-12-08

Barbados to Improve Governance for Sustainability with IDB Support

December 08, 2021
The Inter-American Development Bank (IDB) has approved a $100 million loan to support sustainable development in Barbados. The program is the second in a series of three policy-based loans. The program will support maintaining a stable macroeconomic environment and deepen the reforms initiated under the first operation, an $80 million loan approved in March, 2020.
2021-12-08

Brazil to Boost Agricultural Sector Sustainability with IDB Support

December 08, 2021
IDB APPROVES CONDITIONAL CREDIT LINE OF UP TO $1.2 BILLION TO SPUR AGRICULTURAL PRODUCTIVITY AND RESILIENCE NORTHEAST REGION IS FIRST TO BENEFIT FROM PROGRAM WITH $230 MILLION LOAN The Inter-American Development Bank (IDB) has approved a credit line of up to $1.2 billion to help improve productivity and resilience in Brazil’s agricultural sector and boost revenues and access to basic services in rural areas.
2021-12-08

Brazil to Boost Access to Drinking Water and Sanitation in State of Pará with IDB Support

December 07, 2021
More than 407,000 households will benefit from new or improved connections to drinking water and sanitation services thanks to a $100 million loan from the IDB The Inter-American Development Bank (IDB) approved a $100 million loan to finance drinking water, sanitation, and wastewater treatment projects in the metropolitan area of ​​Belém, in the state of Pará, Brazil. The loan is part of the Pará Sanitation Development Project (PRODESAN), which will have a $25 million contribution from the state of Pará, for a total of $125 million.
2021-12-07

Dominican Republic will assist vulnerable populations with IDB support

December 08, 2021
The Inter-American Development Bank (IDB) approved financing of $100 million to improve the living conditions of vulnerable populations in the country The operation will support the generation of opportunities for the employment of beneficiaries of the Supérate Program in the care sector The program approved by the IDB focuses on improving the social protection network, by introducing innovations in the Unique System of Beneficiaries to identify users and support families through condit
2021-12-08

Brazil’s Manaus to Improve Drinking Water and Sanitation Coverage with IDB Support

December 02, 2021
Nearly 35,000 people will see their environmental, climatic vulnerability, and sanitation conditions improved in Manaus, in the Brazilian state of Amazonas, thanks to an $80 million loan from the IDB The Inter-American Development Bank (IDB) approved an $80 million loan to finance drinking water, sanitary, and storm sewer projects in the urban area of ​​Manaus, located in the Brazilian state of Amazonas. The operation will also fund initiatives in the areas of family resettlement, urbanization, roads, digital transformation, and gender and diversity inclusion.  
2021-12-02

Argentina to Improve Road Safety with IDB Support

December 02, 2021
The Inter-American Development Bank (IDB) approved a $200 million loan for the Road Safety Program in the Metropolitan Area of Buenos Aires Province with the principal aim of improving safety conditions in the Buenos Aires Province’s road networks. The project, implemented by the Road Management Office of Buenos Aires Province (DVBA, after its Spanish initials), also seeks to improve road infrastructure quality and strengthen the management capacity of the public agencies in charge of road safety.
2021-12-02

Uruguay will receive a loan for the improvement of road corridors

December 02, 2021
The IDB Group has approved a $65 million loan to help Uruguay repair several segments of road throughout the country. These transport infrastructure improvements will play a key role in boosting the competitiveness of the forestry and agro-industrial industries. The lockdown prompted by the COVID-19 pandemic, coupled with an associated drop in demand, triggered a widespread decline in global economic activity, and Uruguay was no exception – it saw its real gross domestic product plunge by 4.5 percent in 2020.
2021-12-02

Dominican Republic to Enhance Santo Domingo Revitalization Program with IDB, EU Support

December 02, 2021
$3.37 million in European Union resources will help boost electromobility and housing in the Colonial City of Santo Domingo The Inter-American Development Bank (IDB) has approved a $3.37 million (EU2.95 million operation with resources from a European Union grant to revitalize the Colonial City of Santo Domingo in the Dominican Republic.
2021-12-02