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Montevideo, November 21st 2024 - 15:04 UTC

Tag: Ilan Goldfajn

  • Monday, October 14th 2024 - 10:13 UTC

    IDB announces loans for Argentina

    A lasting transformation would hinge on the private sector creating jobs, Goldfajn explained

    Argentina's administration of President Javier Milei will be receiving loans worth US$ 3.8 billion from the Inter-American Development Bank (IDB), it was reported during the weekend. These funds will be allocated to various projects, energy subsidies, and social plans, it was explained.

  • Tuesday, July 23rd 2024 - 18:43 UTC

    IMF and IDB to boost Paraguay's sustainable development initiatives

    Goldfajn (R) and Georgieva (L) highlighted Paraguay's progress after meeting with President Peña

    The Inter-American Development Bank (IDB) and the International Monetary Fund (IMF) announced this week in Asunción an increase in cooperation with Latin American and Caribbean countries regarding environmental initiatives and sustainable development.

  • Monday, May 13th 2024 - 10:49 UTC

    Massive aid promised to Rio Grande do Sul to overcome floods of biblical proportions

    IDB president Goldfajn has anticipated a US$ 1 billion package

    The Inter American Development Bank, IDB, has announced a package of emergency measures, plus humanitarian aid and special credits for rebuilding infrastructure in the Brazilian state of Rio Grande do Sul currently suffering from the worst floods in a century, with hundreds dead and disappeared, and over a million of the eleven million population forcibly displaced.

  • Tuesday, February 27th 2024 - 10:50 UTC

    Caribbean countries: a big player in many crucial areas, IDB says

    The region’s experience, expertise, resilience, and leading role in climate preparedness is an example for the world,” Goldfajn said

    The Inter-American Development Bank (IDB) Group concluded after its XII Annual Consultation meeting with Governors of IDB Caribbean members on Feb. 23 and 24 in Georgetown that the Caribbean might be small in size but is nonetheless a “big player” in many crucial areas, it was reported from the Guyanese capital.

  • Saturday, December 16th 2023 - 10:37 UTC

    IDB will continue to support Argentina

    However, the IDB is not involved in Argentina's negotiations with the International Monetary Fund, Goldfajn explained

    Inter-American Development Bank (IDB) President Ilan Goldfajn said his entity “has supported Argentina for many years and decades and will continue to” do so after President Javier Milei's administration adopted a series of measures he found to be “strong.”

  • Monday, March 20th 2023 - 15:50 UTC

    IDB forecasts gloomy 2023 for Latin America, Caribbean

    Goldfajn spoke of “overlapping crises”

    The Interamerican Development Bank (IDB) has issued a report forecasting growth for the region in 2023 will barely stand at 1%, much lower than similar studies from the Economic Commission for Latin America and the Caribbean (ECLAC) and the International Monetary Fund (IMF).

  • Wednesday, March 1st 2023 - 09:05 UTC

    IMF picks former Chilean Minister to replace Goldfajn

    Georgieva praised Valdés' background and qualifications for the post

    International Monetary Fund (IMF) Managing Director Kristalina Georgieva Tuesday announced that Chilean Economist Minister Rodrigo Valdés had been chosen to succeed the Brazilian Ilan Goldfajn as Regional Director of the global agency. Goldfajn left his post to become President of the Inter-American Development Bank (IDB).

  • Monday, November 21st 2022 - 10:44 UTC

    Goldfajn chosen new IDB boss

    Goldfajn is known for his stance against inflation

    Brazil's Ilan Goldfajn was elected Sunday as the new head of the Interamerican Development Bank (BID), it was reported in Washington DC.

  • Friday, October 14th 2022 - 10:08 UTC

    IMF experts foresee economic slowdown in the region for 2023

    Inflation remains the main problem, Goldfajn explained

    Growth projections in the region next year have been trimmed downwards due to inflation and skyrocketing interest rates, the International Monetary Fund (IMF) announced Thursday.

  • Saturday, February 19th 2022 - 10:06 UTC

    IMF says draft of deal with Argentina almost ready

    Argentina's proposal was “realistic and reliable,” according to Goldfajn

    A high-ranking International Monetary Fund (IMF) official Friday announced a full deal with Argentina “is very close,” as the Government of President Alberto Fernández hopes it will be next week, so that it can be put up for Congressional approval at the start of the new Legislature, March 1.

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