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IDB Study Provides Recommendations for Countries to Reduce Debt, Boost Growth

January 26, 2023
Countries in Latin America and the Caribbean should prioritize bringing down debt to prudent levels to boost economic growth, allow for productive investment and reduce the risk of a debt crisis, according to a new flagship report by the Inter-American Development Bank (IDB).
2023-01-26

Colombia Promotes More Efficient and Sustainable Energy in Caribbean Region with IDB Support

January 23, 2023
The IDB approved a $34.5 million loan to finance an energy efficiency program for the residential and public sector in Colombia.
2023-01-23

Barbados Advances its Marine Spatial Planning Process with IDB support

January 23, 2023
The government of Barbados launched a planning process to set the foundations for its marine management, in an exercise supported technically and financially by the Inter-American Development Bank (IDB).
2023-01-23

Guatemala to Revamp Northern Road Corridor with IDB Support

January 18, 2023
The Inter-American Development Bank (IDB) has approved a $175 million loan to widen approximately 35 kilometers of the El Rancho–Teculután section of northern Highway CA-9 in Guatemala. The program is a strategic and crucial step towards expanding the country’s main route for exports, a process already in progress. The engineering works will benefit the approximately 25,281 people who travel this section of the highway daily and will give better road access to 442,375 people in the departments of El Progreso and Zacapa.
2023-01-23

The IDB Will Finance Research on Trade and Environment

January 17, 2023
The Inter-American Development Bank’s (IDB) Institute for the Integration of Latin America and the Caribbean (INTAL) and the Interdisciplinary Institute of Political Economy (IIEP UBA-CONICET) of Argentina will select and finance up to six research proposals related to the challenges of trade and the environment in Latin America and the Caribbean.
2023-01-18

Brazil to Improve Urban Management and Housing in Vulnerable Areas of Recife

January 17, 2023
The Inter-American Development Bank (IDB) approved a $260 million loan to Brazil to improve housing in vulnerable neighborhoods of Recife. The city is the country’s ninth largest, and also one of its most threatened by climate change because of its geography. The program aims to give low-income communities more access to infrastructure, urban facilities and social services.
2023-01-13

IDB prints NZ$375 million 7-year Fixed-Rate Sustainable Development Bond

January 17, 2023
The Inter-American Development Bank (“IDB” or “IADB”), rated Aaa/AAA (Moody’s/S&P), priced a new NZ$375 million 7-year Sustainable Development Bond benchmark. The transaction pays a semi-annual coupon of 4.750% and matures on 25th January 2030. It was priced with a spread of +44 basis points over NZ mid-swaps, which equates to +69.55 basis points over the 3% New Zealand Government Bond due April 2029 and carries a semi-annual yield of 4.838%.
2023-01-17

MSMEs in El Salvador to Access Business Loans with IDB Support

January 16, 2023
The Inter-American Development Bank (IDB) has approved a $100 million loan to help micro, small, and medium-sized enterprises (MSMEs) in El Salvador thrive by expanding their access to medium- and long-term business loans.  Specifically, the IDB funds will finance lines of credit from the Banco de Desarrollo de la República de El Salvador (BANDESAL) that are designed for intermediary financial institutions, which in turn can offer loans to the enterprises themselves.  
2023-01-16

Argentina Works to Lessen Toll of Cyberattacks with IDB Support

January 16, 2023
The Inter-American Development Bank (IDB) has approved a $30 million loan to help Argentina implement the Cybersecurity Program for Critical Information Infrastructures (CII), an initiative aimed at reducing the cost of cyberattacks in the country through early detection.
2023-01-16

IDB President Goldfajn Presents Vision and Priorities in Inaugural Address

January 12, 2023
In his inaugural address today the president of the Inter-American Development Bank (IDB), Ilan Goldfajn, laid out his vision and priorities to make the IDB the most trusted, agile and important development partner for Latin America and the Caribbean.
2023-01-12