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IDB Loans Peru $100 Million to Boost Credit for Women’s MSMEs

September 29, 2022
The Inter-American Development Bank (IDB) granted a $100 million loan to Peru's Corporación Financiera de Desarrollo to allow more micro, small, and medium-sized enterprises (MSMEs), particularly those owned or led by women, to secure financing for productive investment.
2022-09-29

IDB Report Shows Trade, Investment Potential Between Korea and Latin America and Caribbean

September 29, 2022
SEOUL – Vibrant trade and investment ties between Korea and Latin America and the Caribbean have the potential to create more robust bilateral and global value chains that help solve some of the major global challenges in food, energy and climate, a new report by the Inter-American Development Bank says.
2022-09-29

Governments and Private Sector Seek to Fix Latin American and Caribbean Housing Shortage

September 28, 2022
45% of the population of Latin America and the Caribbean (LAC) do not have a decent home to live in, which means that they live in inadequate housing, built with low-quality materials, or lack essential services. To analyze this problem, the IDB Group is organizing September 29 and 30 the 2022 Housing Forum: Resilient solutions to reduce the housing deficit in Latin America and the Caribbean. It is a high-level event that brings together the leaders of this sector.
2022-09-22

IDB Backs Transparency and Integrity Program for Sustainable Development in Honduras

September 28, 2022
Honduras will use a $195 million loan from the Inter-American Development Bank (IDB) to tighten accountability, enhance government transparency, and boost the effectiveness of its integrity policies and corruption control systems. This operation will design and adapt an online data display platform to promote more transparent budgeting and public spending.
2022-09-28

IDB Announces Start of the Process for the Election of President

September 28, 2022
Member countries can propose candidates The Office of the Secretary of the Inter-American Development Bank (IDB) has notified the Bank’s Governors that the process to nominate candidates to be the organization’s next President is now open. IDB Governors can nominate candidates within the next 45 days.
2022-09-28

IDB Approves $106 Million Loan to Revive Tourism in El Salvador

September 27, 2022
The Inter-American Development Bank approved a $106 million loan to help El Salvador’s tourism industry rebound and grow. The operation is designed to make the sector more competitive by increasing per-visitor spending, creating new jobs, and reducing gender gaps among its workers. It also aims to make the country’s tourist destinations more environmentally sustainable.
2022-09-28

Statement on the Presidency of the Inter-American Development Bank

September 26, 2022
The Board of Governors of the Inter-American Development Bank (IDB), following the unanimous recommendation by the Board of Executive Directors, has resolved that Mr. Mauricio Claver-Carone will cease to hold the office of President of the Bank, effective on September 26, 2022. 
2022-09-26

IDB Approves $200 Million to Boost Childhood Development in Argentina

September 22, 2022
The Inter-American Development Bank (IDB) approved a $200 million loan to support early childhood in Argentina. The operation seeks to increase the coverage and quality of public care and education institutions and services, aimed at promoting the development of physical, language and communication, cognitive, social, and affective skills of girls and boys from 0 to 5 years old.
2022-09-22

Belize to Attract More Foreign Investment and Streamline Exports with IDB Support

September 22, 2022
The Inter-American Development Bank has approved an US$8 million loan to promote Belize´s foreign direct investment and trade performance through a series of measures aimed at streamlining trade and investment procedures and providing tools for small and medium-sized firms to join global value chains.
2022-09-22

Barbados Places Climate Financing Firmly on Agenda with IDB, Nature Conservancy Support

September 21, 2022
Barbados has completed a debt conversion for nature backed by a US$150 million guarantee from the Inter-American Development Bank (IDB) and The Nature Conservancy (TNC), allowing the country to reduce borrowing costs and use savings to finance a long-term marine conservation program. The unique deal underscores the country’s innovation in mainstreaming climate sustainability and biodiversity into its fiscal management agenda.
2022-09-21