Latin America and Caribbean single free trade agreement would reap $11 billion windfall, IDB study shows

Report urges action by major regional economies Argentina, Mexico and Brazil, amid challenging trade environment

Latin America and the Caribbean could add an additional $11 billion in annual trade flows by blending 33 separate agreements into a single regional free trade bloc, according to a study by the Inter-American Development Bank.

IDB report underscores social benefits of sports for development but warns against program design flaws

Latin American and Caribbean region lags in sports spending, activity levels

Latin American and Caribbean region could get a development boost from sports activities that improve the region’s social and health benefits, provided the programs are properly designed and monitored, according to a report by the Inter-American Development Bank.

Latin American and Caribbean export recovery continues, with signs of slowdown: IDB

Lower commodity prices dampening export growth

The value of Latin American and Caribbean exports rose 10.6 percent in the first quarter of 2018 against the same period last year, bolstered by higher demand from its main trading partners, particularly from other countries within the region and the European Union, according to a report by the Inter-American Development Bank (IDB).

IDB Invest supports financing to small and medium-sized companies in Chile through Factotal

IDB Invest, the private arm of the Inter-American Development Bank (IDB) Group, has signed an unsecured loan of $10 million with a term of up to four years with Factotal S.A. The funds will be used to finance Chilean small and medium-sized enterprises (SME) through factoring and financial leasing.

IDB Invest invests $5 million in MONI Online in its first operation with a Fintech company

IDB Invest, the private sector institution of the Inter-American Development Bank (IDB) Group, made an investment of $3 million with the digital financial services company MONI Online, which operates primarily in Argentina. The financial structure includes the option to invest an additional $2 million in the company’s next round of equity.

IDB reaffirms commitment to urban transportation in Quito with new loan

The Inter-American Development Bank (IDB) has approved a $250 million loan to help build a metro line in the capital city of Quito, Ecuador. This operation, which adds to a $200 million loan approved in December 2012, is testimony to the commitment of the IDB to support sustainable urban mobility projects in areas under pressure to meet growing demands for an efficient public transportation system.

Honduras will contribute to improving citizen security and the improvement of neighborhoods with IDB support

Loan of $60 million will be focused on municipalities with high levels of insecurity

Honduras will implement a program that will contribute to improving citizen security in the capital city of Tegucigalpa and San Pedro Sula, with a $60 million loan approved by the Inter-American Development Bank (IDB).