Latin American and Caribbean exports to China increased by 30 percent in 2017

Monday, December 18, 2017 - 10:25
New IDB report also indicates that total exports rose by 13 percent this year Exports from Latin America and the Caribbean have increased by around 13 percent in 2017 and are nearing the $985 billion mark. This sharp acceleration contrasts with the 3.3-percent drop of 2016, according to “Trade Trend Estimates for Latin America and the Caribbean,” a new report published by the Inter-American Development Bank (IDB).

Colombia to implement master plan for sewerage upgrade in Mocoa, Colombia with IDB support

Thursday, December 14, 2017 - 10:40
Loan of $30 million to finance improvements in health and environmental conditions for 10,000 households in the Mocoa urban area  Colombia will undertake a project to implement the first phase of sewage master plan in the municipality of Mocoa with a $30 million loan from the Inter-American Development Bank (IDB). 

Brazilian municipality of Maracanaú to boost transport infrastructure with IDB backing

Thursday, December 14, 2017 - 10:24
IDB loan of $31.7 million will allow for improving road infrastructure and construction of a buses-only lane, reducing emissions of greenhouse gases The Inter-American Development Bank (IDB) has approved a $31.7 million loan to designed to improve infrastructure in the municipality of Maracanaú in the northeastern Brazilian state of Ceará. The funds will drive productivity in the municipality, which is part of the metropolitan area of Fortaleza, the capital of Ceará and one of the areas with the greatest potential for economic development in that part of Brazil.

Uruguay to consolidate its regulatory and institutional framework for investment, trade and innovation with help from IDB

Thursday, December 14, 2017 - 09:39
Program to help the country consolidate its policies on promoting investment, trade and innovation so as to boost sustainable economic growth Uruguay will further modernize its regulatory and institutional framework for investment, trade and innovation with the support of a $250 million loan from the Inter-American Development Bank. The program will support the country's efforts to consolidate a broad, sectoral reform process to modernize the overall framework for encouraging investment and international trade.

Brazil will strengthen integrated sustainable urban development of João Pessoa with IDB support

Thursday, December 14, 2017 - 09:03
A $100 million loan will benefit more than 5,000 vulnerable families with better housing solutions  Brazil will improve the living conditions of vulnerable families in the Municipality of João Pessoa with a $100 million loan approved by the Inter-American Development Bank (IDB). The loan will strengthen integrated sustainable urban development through planning, urban and public management. 

IDB Invest, IPS and Banco Familiar will support SMEs in Paraguay

Wednesday, December 13, 2017 - 10:12
IDB Invest, the private sector arm of the IDB group, will provide the guarantee to a loan that Instituto de Previsión Social (IPS) will disburse to Banco Familiar SAECA in Paraguay. The loan for 26,300 million guaranies will have a 5-year term. The objective of this operation is to finance investments for the development and growth of small and medium enterprises (SMEs) in the Paraguayan productive sector.

IDB supports Colombia’s efforts to fight and prevent corruption

Tuesday, December 12, 2017 - 10:36
Colombia will strengthen public surveillance and promote its institutions’ transparency and integration by boosting up the effectiveness of the Public Prosecutor's Office (PGN, after its Spanish initials) with help from a $40 million loan from the Inter-American Development Bank (IDB).

IDB Invest and Financiera Equipa-T finance low-income households and vulnerable populations in Mexico

Tuesday, December 12, 2017 - 08:46
IDB Invest, a private arm of the IDB group, granted a loan of up to 30 million Mexican pesos (approximately US$1.7 million) to the Mexican micro-finance company Equípate. The operation will support the expansion of the loan portfolio to low-income families to make improvements in their homes. The loan is also aimed at increasing the microcredit portfolio for women entrepreneurs.

Brazilian states will boost tax revenues, improve competitiveness with PROFISCO II

Monday, December 11, 2017 - 19:00
IDB approves $900 million conditional credit line for the PROFISCO II program Ceará will be the first Brazilian state to benefit, with $70 million loan The Inter-American Development Bank (IDB) has approved a $900 million credit line to support Brazilian states’ efforts to modernize their fiscal management and improve tax administration and public spending management.

Caribbean leaders launch plan to make region a “climate-smart zone,” with IDB support

Monday, December 11, 2017 - 19:00
Paris — The Inter-American Development Bank Group (IDB Group) announced its support for the newly formed Caribbean Climate-Smart Coalition, a public-private initiative aimed at funding an $8 billion investment plan to transform the region into the world’s first “climate-smart” zone and benefit an estimated 3.2 million households in the region.