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Latin America and the Caribbean build bridges to combat the water crisis

Latin America and the Caribbean build bridges to combat the water crisis 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

Government approves new debt of US$300 million with the IDB to finance road works 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

Climate crisis and inequality, keys to the IDB Assembly in the Dominican Republic 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

Piñera’s B-side: voracious billionaire with businesses in the stock market, aviation, TV and soccer 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

Value of Latin American exports fell 2.2% in 2023 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

MEF approves external debt with the IDB for US$350 million until 2038 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 […]

Main development banks in Latin America join together to finance integration

Main development banks in Latin America join together to finance integration Main development banks in Latin America join together to finance integration

The main banks promoting the development of Latin America announced this Thursday within the framework of the summit of the Mercosur an agreement to jointly finance the works necessary to guarantee the physical integration of the countries of South America. A total of US$10 billion was made available by financial entities to promote the initiative. […]

IDB will triple financing to confront the climate crisis in Latin America

IDB will triple financing to confront the climate crisis in Latin America IDB will triple financing to confront the climate crisis in Latin America

He Inter-American Development Bank (IDB) will triple to US$150 billion over the next ten years the financing for resilience and mitigation projects aimed at dealing with the climate crisis in Latin America and the Caribbean. The president of the IDB, Ilan Goldfajn, announced in an interview with EFE that this is the commitment that the […]

Remittances to Peru would reach 1.6% of its GDP in 2023

Remittances to Peru would reach 1.6% of its GDP in 2023 Remittances to Peru would reach 1.6% of its GDP in 2023

With US$4,241 million at the end of 2023 (1.6% of its GDP), Peru would become the fourth country that would receive the most remittances from migrants in South America, and the ninth if we count the entire Latin American region and the Caribbean, according to a recent study by the Inter-American Development Bank (IDB). According […]

IDB: Peru is the fourth country in South America that receives the most remittances from migrants

IDB: Peru is the fourth country in South America that receives the most remittances from migrants IDB: Peru is the fourth country in South America that receives the most remittances from migrants

A new report published by the Inter-American Development Bank (IDB) reveals that Peru is the ninth country that receives the most remittances from migrants in Latin America and the Caribbean, and the fourth only in South America. According to the report prepared by René Maldonado and Jeremy Harris, in the first half of 2023, Peru […]

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