IDB Renews its Commitment to Support Migrant Host Countries

May 26, 2020
IDB pledges the availability of US$85 million in grants and expects to leverage US$1.1 billion in investment loans from 2020 and beyond The Inter-American Development Bank announced today that it has renewed its commitment to support Latin American and Caribbean migrants and their host communities amid the COVID-19 pandemic.
2020-05-26

Statement by the Inter-American Development Bank on the purchase of ventilators in Bolivia

May 20, 2020
The Inter-American Development Bank views with great concern information about possible irregularities in the acquisition of ventilators by Bolivia’s Ministry of Health with financing provided by the Bank, and we respect the efforts that the country’s public institutions are making to shed light on the facts of the case.
2020-05-20

IDB Statement on the Purchase of Ventilators in Bolivia

May 18, 2020
Bolivia’s Ministry of Health, based on an analysis of immediate and necessary actions to address the coronavirus crisis, purchased 170 Spanish-made ventilators of the RESPIRA brand. The devices were considered appropriate to help meet the increase in demand for mechanical ventilation for COVID-19 patients in municipalities where intensive-care services are lacking, and to complement the resources available in tertiary hospitals.
2020-05-18

IDB-AFD Strengthen Partnership in Times of COVID-19 Crisis and Beyond

May 20, 2020
The IDB Group and Agence française de Développement (AFD) Group have virtually held their fourth Deep Dive Meeting on May 20, 2020, stressing not only the importance of strengthening  the partnership momentum, but also thinking ahead towards future strategic collaborations and co-financing operations in Latin America and the Caribbean (LAC).  
2020-05-20

Paraguay will strengthen public policy and fiscal management to tackle COVID-19

May 18, 2020
A $210 million loan from the IDB and KIF will address public health and economic impact caused by the pandemic  The Inter-American Development Bank (IDB) approved today a loan for Paraguay to strengthen the efficiency and effectiveness of its public policy and fiscal management to address the public health and economic crises triggered by COVID-19.
2020-05-18

Migrants’ Urban Integration Project in Colombia Receives Support from Korea

May 18, 2020
The Inter-American Development Bank (IDB) approved a technical cooperation of $4 million donated by the Knowledge Partnership Korea Fund for Technology and Innovation to support management and planning processes for the integration of migrants in Colombian cities, with a focus on service delivery, access to housing, and urban development scenarios for future growth. The program will be executed by the Empresa Nacional Promotora del Desarrollo Territorial (Territorial Development Promotion Company, ENTerritorio).
2020-05-18

IDB and Esri Offer Solutions to Combat COVID-19 in Latin America and the Caribbean

May 18, 2020
Advanced Geospatial Technology Will Be Provided During Pandemic The Inter-American Development Bank (IDB) has joined forces with Esri, the global leader in location intelligence,to provide free access to geospatial technology in response to the COVID-19 emergency in Latin America and the Caribbean (LAC). Governments in the region will be able to use a custom COVID-19 solution to track critical equipment and assets availability, manage supply chains, and maintain business continuity.
2020-05-18

CARPHA receiving additional support to fight COVID-19

May 15, 2020
The Inter-American Development Bank (IDB) has approved a US$750,000 (TT$5.1 million) grant to support the Caribbean Public Health Agency (CARPHA) in the coordination of the regional health response to the coronavirus (COVID-19) pandemic. The grant is being financed by the IDB Japan Special Fund which was first established in 1988 by the Government of Japan to foster social and economic growth throughout the IDB’s borrowing member countries.
2020-05-15

IDB and IOM to Address Migration Challenges through New Partnership

May 13, 2020
The Inter-American Development Bank (IDB) and the International Organization for Migration (IOM) have signed a memorandum of understanding to maximize cooperation and jointly promote orderly, regular, and safe migration as an enabler of sustainable development and inclusive growth in Latin America and the Caribbean (LAC).
2020-05-13

Ecuador will support the financial sustainability of MSEs with IDB support

May 12, 2020
A $93.8 million loan will contribute to the support of micro and small businesses and employment in the face of the COVID-19 crisis Ecuador will support the financial sustainability of micro and small companies (MSEs) and the maintenance of employment in the face of the COVID-19 crisis with a loan of $93.8 million approved by the Inter-American Development Bank (IDB).
2020-05-12