He Inter-American Development Bank (IDB) approved a US$ 500 million loan to promote the fair and sustainable energy transition in Ecuador, which is in addition to the US$ 100 million from the Korea Facility for Co-financing Infrastructure Development for Latin America and the Caribbeanadministered by the IDB. The US$500 million loan, which also focuses on […]
Tag: IDB
The US insists on promoting the semiconductor industry in Latin America via APEP
The United States seeks to boost the industry of semiconductors in Latin America and announced on Wednesday that, through an alliance with 11 countries, it will channel investments for projects in this sector. During a day of meetings of foreign ministers of the Alliance for Economic Prosperity (APEP), a Washington initiative in which countries such […]
MEF: Debt with the IDB is approved for up to US$50 million
The operation, intended for the improvement and expansion of operational or institutional services at the PCM, must be canceled in the next 15 years. Join the WhatsApp channel Through Supreme Decree No. 104-2024-EF, the external debt operation with the Inter-American Development Bank (IDB) is approved within the framework of Law No. 31955 on public sector […]
IDB: exports in Latin America and the Caribbean recover 1.3% in the first quarter of 2024
The value of Latin America’s goods exports expanded at an annual rate of 1.3% in the first quarter of 2024, after falling in 2023, according to a new report from the Inter-American Development Bank (IDB). The boost in shipments from the region responded mainly to the growth in volumes exported by South America according to […]
Latin America and the Caribbean build bridges to combat the water crisis
Finance Ministers of Latin America and the Caribbean They expressed this Friday from Washington the need to increase financing in water, sanitation and hygiene to combat the crisis suffered by the region due to the climate change and extreme weather events. This was stated by the representatives who attended a meeting at the headquarters of […]
Government approves new debt of US$300 million with the IDB to finance road works
The Peruvian Government published Supreme Decree No. 043-2024-EF, which approves the foreign debt operation of up to US$300 million with the Inter-American Development Bank (IDB), within the framework of Law No. 31640, Peruvian Debt Law. Public Sector for Fiscal Year 2023. The US$300 million are intended to partially finance the “Road Infrastructure Program for Regional […]
Climate crisis and inequality, keys to the IDB Assembly in the Dominican Republic
He Inter-American Development Bank (IDB) starts this Wednesday in Punta Cana its annual meeting in which the financial authorities of the member countries of the organization will analyze key issues for the region such as climate crisis wave inequality. The event will last six days and will bring together economic and financial leaders and representatives […]
Piñera’s B-side: voracious billionaire with businesses in the stock market, aviation, TV and soccer
The former president of Chile, Sebastian Piñerawho died this Tuesday when the helicopter he was piloting crashed, left a deep mark in politics but also in the world of finance, where he was known as a stock market “shark”, a voracious businessman who accumulated a fortune of more than of 2.8 billion dollars, according to […]
Value of Latin American exports fell 2.2% in 2023
The dollar value of goods exports from Latin America and the Caribbean fell 2.2% after two years of increase, according to a report published this Tuesday by the Inter-American Development Bank (IDB). The drop in the price of exports was widespread throughout the region but was more pronounced in South American countries, the report highlighted. […]
MEF approves external debt with the IDB for US$350 million until 2038
The Ministry of Economy and Finance (MEF) approved an external debt operation with the Inter-American Development Bank (IDB) for up to US$350 million to partially finance the public investment project “Expansion and improvement of drinking water services and sewage of the city of Juliaca – Puno.” Supreme Decree No. 287-2023-EF also agrees to establish a […]