May 08, 2020
The Inter-American Development Bank (IDB) and the World Bank have signed a Framework Agreement for mutual reliance in public procurement matters related to co-financed projects in Latin America and the Caribbean (LAC). This Agreement is consistent with international good practices, is based on both institutions’ common project procurement principles and brings forth a range of opportunities for the LAC Region.
May 07, 2020
Tax revenues in Latin America and the Caribbean (LAC) increased to 23.1% of GDP on average in 2018, according to the new edition of Revenue Statistics in Latin America in the Caribbean published today. However, these gains are now under threat as a result of the region’s deteriorating fiscal outlook, which has been exacerbated by the COVID-19 pandemic and the global economic crisis.
April 28, 2020
The virtual event held by the Inter-American Development Bank engaged with several immigration host countries.
April 30, 2020
The Americas Business Dialogue (ABD), a mechanism for advancing a public-private dialogue on public policies, today released a series of recommendations that seek to support the governments of the hemisphere in their health and economic response to the emergency of COVID-19. The 17 measures proposed by ABD can be found in the document Policy Recommendations on Addressing the Coronavirus Disease (COVID-19) Pandemic and Mitigating Its Impacts.
April 29, 2020
As part of the RindiendoCuentas initiative, the Government of the Republic of Paraguay has officially launched the InvestmentMap + Module COVID-19 platform. This platform is a technological data visualization tool that will provide detailed information on the destination and use of available public resources mobilized to face the coronavirus crisis. The platform was developed with non-reimbursable technical assistance from the Inter-American Development Bank (IDB).
April 29, 2020
Loan of US$111.65 million will allow for modernization of regulatory framework and trade facilitation systems Honduras will upgrade its transport system and freight logistics services thanks to a US$111.65 loan from the Inter-American Development Bank (IDB).
April 16, 2020
Funds will increase capacity of national healthcare system, with focus on hard-hit Guayas province The Inter-American Development Bank (IDB) has disbursed approximately $25.3 million to the government of Ecuador to strengthen its healthcare services and help meet the medical needs of individuals affected by COVID-19, the disease caused by the novel coronavirus. The funds will be used primarily to prepare intensive-care-unit beds in 28 hospitals and provide protective gear for medical staff in Guayas province.
April 28, 2020
The Inter-American Development Bank, through the ConnectAmericas business platform, launched today an interactive map that allows users to quickly locate and find suppliers of goods and services in Latin America and the Caribbean, and the rest of the world, to face the pandemic of COVID-19.
April 24, 2020
The company is declared ineligible for an agreed period to participate in IDB Group-financed projects for its past involvement in corrupt practices Following an investigation by the Office of Institutional Integrity (OII, an independent office of the Inter-American Development Bank) with the full cooperation of the Brazilian company Andrade Gutierrez Engenharia S.A. (“AG Engenharia”), the IDB Group announced today the debarment of AG Engenharia for 3 years and 1 month in connection with prohibited practices committed in IDB-financed projects in Brazil.
April 22, 2020
The Inter-American Development Bank (IDB) launched today its 2019 Sustainability Report with information on its integrated approach to sustainability, the footprint of greenhouse gases (GHG) of its loan portfolio and the achievements of its Corporate Sustainability Program. For the first time, the report also includes information on the systematic assessment of disaster risk and climate change from its projects.