The Inter-American Development Bank (IDB) offers technical and financial support to the cities of the American continent so that they develop projects to combat the climate crisis, explained Tatiana Gallego, head of the Housing and Urban Development Division of the institution. “The message we would like to give is that cities are at the forefront […]
Tag: IDB
“Overlapping crises” cloud Latin America’s economic outlook, says IDB chief
The new president of Inter-American Development Bank (IDB), Ilan Goldfajn, said this Saturday in Panama before the heads of finance of the nations of Latin America and the Caribbean that the region’s economic prospects are clouded by “overlapping crises”. Goldfajn heads the annual meeting of the IDB, which is attended by the governors of the […]
Latin America has a “very resilient” financial system, says IDB president
The president of the Inter-American Development Bank (IDB), Ilan Goldfajn, said on Wednesday that Latin America has a financial system “very resilient and supervised”, after the uncertainty generated after the collapse of Silicon Valley Bank (SVB) and problems with financial institutions in the United States and Europe. The recent bankruptcies of BLSvalued at US$ 209,000 […]
IDB: Latin America needs a forum for debt restructuring
The new entity would complement existing institutions such as the Paris Club or the Common Framework, according to an IDB report released Thursday. It could develop general practices and standards, as well as facilitate the ability to have conversations before and during actual contract renegotiations. “General coordination is still lacking, particularly given the diversity of […]
IDB: Latin American debt soars to US$ 5.8 trillion, 117% of GDP, in 15 years
The total debt of Latin America and the Caribbean increased to US$ 5.8 trillion, equivalent to 117% of the regional GDP, from less than 3 trillion in 2008, revealed this Thursday the Inter-American Development Bank (IDB), which considers the trend worrisome. In the study “Dealing with debt, less risk for more growth in Latin America […]
MEF approves a contingent loan of up to US$300 million with the IDB
The Ministry of Economy and Finance (MEF) approved a contingent loan of up to US$300 million with the Inter-American Development Bank (IDB) in favor of the Productivity and Competitiveness Improvement Program II. The credit is given in support of policy reforms with a deferred withdrawal option. As announced by the IDB days ago, this is […]
Land and bureaucracy, pitfalls in the face of homelessness in Latin America
The complicated access to land and the enormous bureaucracy are two of the existing obstacles in many areas of Latin America and the Caribbean that must be overcome to alleviate the current problem of homelessness, participants in a forum organized by the Inter-American Bank highlighted on Thursday. of Development (IDB). “We must speed up the […]
IDB Invest increased financing to SMEs in Peru and Chile through an alliance with Primus
IDB Invest, the private sector arm of the multilateral Inter-American Development Bank (IDB), reported this February 2 that it granted financing of 27 million dollars to Prime Capital to support its operations aimed at financing small and medium-sized enterprises (SMEs) from Peru Y chili. This entity finances sustainable companies and projects so that they achieve […]