The Caribbean must build sound fiscal, monetary, financial institutions to boost growth

March 03, 2021
New IDB study lays out specific reform agendas for The Bahamas, Barbados, Guyana, Jamaica, Suriname, and Trinidad and Tobago To build resilience against external shocks and recover from the COVID-19 pandemic, Caribbean countries must advance key fiscal and financial reforms that range from stronger tax and pensions systems to improved debt and financial management, a new study by the Inter-American Development Bank (IDB) says.

Trinidad and Tobago to increase social support for vulnerable groups with IDB help

February 26, 2021
PORT OF SPAIN, Trinidad – The Government of Trinidad and Tobago signed a loan agreement with the Inter-American Development Bank to fund a program for people most affected by the Covid-19 crisis in Trinidad and Tobago.   The US$24.5 million dollar will help ensure basic quality of life standards for vulnerable persons are maintained in the immediate period and during the economic recovery of Trinidad and Tobago. The program will finance two components:

IDB announces Build Forward initiative to advance technology and resilience in Caribbean

February 25, 2021
Effort includes multi-donor facility expected to mobilize $1.5 billion The Caribbean Governors of the Inter-American Development Bank backed Build Forward, a $3.5 billion multi-year program to help Caribbean countries sustainably recover while making technological leaps that will bring about a transformational future.

IDB Annual Meeting to Discuss Economic Recovery and Sustainable Growth

February 23, 2021
Online media registration is available for March 17-21 virtual gathering of Latin American and Caribbean leaders The Inter-American Development Bank will hold its Annual Meeting on March 17-21, 2021.

IDB Group Presents Comprehensive Plan to Help Central America Confront Natural Disasters

February 22, 2021
Up to $1.6 billion will be made available to Honduras, Guatemala and Nicaragua over the next two years to invest in reducing their vulnerability to natural disasters The Inter-American Development Bank (IDB) today presented a comprehensive plan to help Central America prevent and respond to natural disasters, making up $1.6 billion available to Guatemala, Honduras, and Nicaragua over the next two years.

Leaders meet ahead of IDB Annual Meeting of Caribbean Governors

February 22, 2021
High level Government officials from the Caribbean region met virtually on Friday with Senior Management of the Inter-American Development Bank Group (IDBG) for a frank conversation about the challenges facing Caribbean member countries. 

Paraguay to strengthen its National Statistics System with IDB support

February 18, 2021
The Inter-American Development Bank (IDB) has approved a $43 million loan to help improve the quality of official statistics in Paraguay.

Spain Invests €13.74 Million in IDB-Managed Strategic Fund

February 17, 2021
The Government of Spain, through its Ministry of Economy and Digital Transformation, and the Inter-American Development Bank (IDB) have expanded their historic partnership with a new Spanish contribution of €$13.7 million ($16.7 million) to the Spanish General Cooperation Fund.

IDB and Google Partner to Strengthen Small Businesses in Latin America and the Caribbean

February 17, 2021
Google invests $8 million to be administered by IDB Lab to ensure the continuity of microfinance institutions in the region The current COVID-19 crisis poses an unprecedented challenge to the continuity of microfinance institutions (MFIs), especially small- and medium-sized ones, in a context where financial services are needed more than ever for small businesses.

IDB President, CEOs Launch Historic Partnership for Latin American and Caribbean Recovery

February 16, 2021
Meeting as a coalition, business leaders pledged to work together in three areas that will be critical to post-pandemic economic recovery: empowering women, accelerating digitalization, and strengthening regional value chains. Today, Inter-American Development Bank (IDB) President Mauricio Claver-Carone hosted the inaugural Private-Sector Partners Roundtable on the Future of Latin America and the Caribbean. This coalition of 40 global corporate executives has pledged to contribute to the region's recovery.