Argentina to Aid Small Wine Producers, with IDB Support

January 12, 2023
The Inter-American Development Bank (IDB) approved a $40 million loan to Argentina to boost the social, economic and environmental sustainability of the country’s wine and grape production.

Peru to Enhance Water and Sanitation Services in Zarumilla Province

January 12, 2023
The Inter-American Development Bank (IDB) approved a $60 million loan to boost the quality and coverage of drinking water and sanitation services for the inhabitants of the Zarumilla and Aguas Verdes districts in northern Peru. The project will directly improve the quality of life of nearly 50,000 people. These beneficiaries include 7,050 homes that will be connected to the drinking water system for the first time, as well as approximately 11,900 families set to receive wastewater collection and treatment services.

IDB Launches US$2 Billion 5-Year Fixed-Rate Bond

January 05, 2023
The Inter-American Development Bank (“IDB” or “IADB”), rated Aaa/AAA (Moody’s/S&P), priced a new US$2 billion 5-year Global benchmark. The transaction pays a semi-annual coupon of 4.000% and matures on 12th January 2028.

Slowdown in Exports from Latin America and the Caribbean Consolidates

January 05, 2023
The value of goods exported from Latin America and the Caribbean increased at an estimated rate of 18.8% in 2022. The downward trend in the region's external sales consolidated during this period, after growing 27.8% in 2021, according to a report by the Inter-American Development Bank. The region’s export performance was mainly explained by higher prices, while volumes lost momentum.

IDB Lab Announces the Results of its Digital Tokens for Biodiversity Challenge

January 04, 2023
The Inter-American Development Bank (IDB) and its innovation laboratory, IDB Lab, announce the results of their Digital Tokens for Biodiversity Innovation Challenge. This initiative was launched to identify innovative solutions that use these instruments to promote biodiversity conservation and facilitate action in the face of climate change.

Peru to Bolster Its Economic Productivity and Competitiveness with IDB Support

December 23, 2022
Peru will launch a program to improve the productivity and competitiveness of its economy with a $300 million loan from the Inter-American Development Bank (IDB). This operation is the second in a series of two independently financed but technically linked programmatic loans to support policy reforms. The first $50 million operation was approved in 2019.

IDB: Job Recovery in the Region Was Attained in 2022, After the Shock of the Pandemic

December 22, 2022
Latin America and the Caribbean registered a total recovery of jobs in the second half of 2022, reaching levels greater than those observed before the pandemic. By September 2022, economies in the region had gained 8 million extra jobs compared to those available in March 2020 when the pandemic hit. This is one of the main conclusions of IDB’s Labor Market Observatory.

Headwinds Facing Post-Pandemic Recovery in the Caribbean: IDB Report

December 20, 2022
Caribbean countries should prepare for prolonged effects of external economic shocks in 2023, including for high food and fuel prices and rising international interest rates, according to a new report from the Inter-American Development Bank (IDB).

Bolivia to Improve Water Security with $500 Million in IDB Financing

December 15, 2022
The Inter-American Development Bank (IDB) approved a line of credit of up to $500 million to boost Bolivia’s water security and help ensure a sustainable supply of irrigation and drinking water.

Barbados will Strengthen Public Policy and Fiscal Management with IDB Support

December 15, 2022
Barbados will strengthen the efficiency and effectiveness of public policy and fiscal management in response to the health and economic crisis caused by COVID-19 pandemic, with a $100 million loan from the Inter-American Development Bank (IDB).