The president of Inter-American Development Bank (IDB)the Brazilian Ilan Goldfajnstated this Tuesday that Latin America and the Caribbean, despite their fiscal problems, are at “the center of the opportunities” offered by the energy transition. “Latin America and the Caribbean “They continue to face challenges,” with “a growing demand for social improvements along with fiscal restrictions […]
Tag: IDB
Presidents from Latin America to the US: We have a lot to give
Several Latin American presidents asked this Thursday at a forum in Washington that USA look at Latin America as a place in which to invest thanks to its enormous potential and at the same time helping to generate more prosperity and more inclusive and sustainable societies. “It is not begging for things, but Uruguay “It […]
US and IDB advocate for an integrated supply chain throughout America
The United States and the Inter-American Development Bank (IDB) reaffirmed this Thursday their commitment to promoting the existence of an integrated supply chain between the North American country and the rest of the Latin American countries. This was stated by the US Secretary of the Treasury, Janet Yellen, and the president of the IDB, the […]
Mexico highlights economic growth of 6% for the southeastern region of the country
The government of Mexico He boasted that his strategy of promoting the states of the south-southeast has allowed the region’s economy to grow by up to 6%, double the growth of the mexican economy as a whole. This, as part of an unprecedented initiative by the Ministry of Finance and Public Credit (SHCP) to form […]
Technology is moving faster than regulation in crypto, according to BPI’s Carstens
The general director of Bank for International Settlements (BIS)the Mexican Agustín Carstens, recognizes that the development of cryptocurrencies has anticipated the regulatory capacity of the financial system and emphasizes restricting them to protect the consumer and preserve financial stability. “It must be recognized that this innovation has not waited for the regulatory and supervisory framework. […]
Chile asks to promote intraregional trade in Latin America
The growth potential of intraregional trade in Latin America is enormous but there are obstacles, such as bureaucratic procedures, that weigh down the process, especially for small and medium-sized companies in the region, said the general director of ProChileIgnacio Fernandez. Latin America has a “very low intra-regional trade”among the minors in the world, hence there […]
IDB launches plan to attract US investment in large projects in Latin America
He Inter-American Development Bank (IDB) launched the program on Wednesday “IDB for the Americas”, with which it seeks to encourage the US private sector to become involved in large public infrastructure projects in Latin America and the Caribbean. Specifically, the program seeks to promote the participation of US companies in government contracts financed by the […]
IDB and World Bank join forces to protect the Amazon and make the Caribbean resilient
He Inter-American Development Bank (IDB) and the World Bank (WB) signed this Thursday a memorandum of understanding to work in the fight against deforestation of the Amazonthe strengthening of the Caribbean in the face of natural disasters and the reduction of the digital divide in Latin America. The agreement was signed at the IDB headquarters […]
IDB: Latin America needs more investment to meet development goals in 2030
Latin America and the Caribbean need an additional investment of more than US$ 200 billion a year in infrastructure to meet the sustainable development goals by 2030, an official warned Tuesday. Inter-American Development Bank (IDB). “There is a huge infrastructure and quality deficit; only a third of the roads are paved and one in four […]
IDB and EIB will finance US$ 250 million for the Ecuador-Peru electrical interconnection
The European Investment Bank (EIB) and the Inter-American Development Bank (IDB) will finance with 250 million dollars the works on the Ecuadorian side for the electrical interconnection between Ecuador and Peru, with the construction of a 500,000 volt line. The total cost of the project will be US$289 million to build 280 of the 550 […]