Tag: Inter American Development bank (IDB)

• Wednesday, March 22nd 2023 - 10:11 UTC

  IDB loan for Uruguay to strengthen post-pandemic public policy and fiscal management

  

  The Inter American Development Bank, IDB, president Illan Goldfajn and Uruguay's Economy and Finance Minister Azucena Arbeleche signed a US$ 145 million loan agreement for the Program to Strengthen Public Policy and Fiscal Management in Response to the Health and Economic Crisis

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

  IMF picks former Chilean Minister to replace Goldfajn

  

  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).

• Thursday, January 19th 2023 - 09:59 UTC

  IMF and IDB willing to help Brazil manage spending cap

  

  Brazil's Economy Minister Fernando Haddad said Tuesday after a meeting with International Monetary Fund (IMF) Managing Director Kristalina Georgieva that the agency was willing to help South America's largest country handle its fiscal situation, Agencia Brasil reported.

• Monday, November 28th 2022 - 10:24 UTC

  Loan to Argentina to strengthen marine resources sustainability and agricultural health

  

  Argentina is receiving a US$ 125 million loan from the Inter-American Development Bank to help Argentina strengthen its agricultural health services and enhance the sustainability of its marine resources.

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

  Goldfajn chosen new IDB boss

  

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

• Thursday, October 27th 2022 - 10:10 UTC

  Colombia, Mexico, Trinidad Tobago, Uruguay teams, winners of IDB Development Initiative

  

  The Inter-American Development Bank (IDB) announced the four winners of the fifth Superheroes of Development contest, which rewards creative and innovative solutions used in development projects financed by the IDB, IDB Invest and IDB Lab (IDB Group) in Latin America and the Caribbean.

• Thursday, October 13th 2022 - 09:56 UTC

  IDB grants Argentine US$ 700 mn loan

  

  Argentina is to receive US$ 700 million to increase the Central Bank's reserves after the IDB Board of Directors agreed Wednesday to a Special Development Financing (SDL) package in light of Superminister Sergio Massa's presence in Washington DC for the annual meeting of the International Monetary Fund (IMF) and the World Bank.

• Friday, September 23rd 2022 - 09:44 UTC

  Latin America and US agree to sack IDB president, a Trump appointment

  

  The fourteen governors on the board of the multilateral Inter-American Development Bank (IDB) have voted unanimously to recommend firing President Mauricio Claver-Carone, Latin American sources revealed on Thursday.

• Thursday, July 28th 2022 - 08:57 UTC

  IDB keeps approving loans for Argentina amid frozen disbursements

  

  The Inter-American Development Bank (IDB) has approved a credit line worth US$ 1140 million for energy investments and vowed to keep reviewing CEO Mauricio Claver-Carone's decision to halt a separate disbursement of over US$ 800 million to a country with such a credit record.

• Tuesday, March 29th 2022 - 23:22 UTC

  IDB: Ukraine war should open windows for Brazil, Argentine and LatAm

  

  The Inter-American Development Bank (IDB) said Monday that Russia's invasion of Ukraine and the threat it poses to food security may be an opportunity for large Latin American exporters, such as Argentina and Brazil due to the disruption in the global supply chains.