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MercoPress, en Español

Montevideo, January 26th 2026 - 05:05 UTC

Tag: Inter American Development bank (IDB)

  • Wednesday, January 7th 2026 - 10:12 UTC

    Key IDB Chief's visit to Bolivia announced

    Goldfajn's trip comes 15 years after the last visit to the landlocked country by an IDB head

    Inter-American Development Bank (IDB) President Ilan Goldfajn is visiting Bolivia between Jan. 13 and 14, marking the first time in 15 years that someone in his position has become interested in the landlocked South American country, signaling a shift in international financial relations under the administration of President Rodrigo Paz Pereira.

  • Monday, September 8th 2025 - 19:15 UTC

    Argentina: Dollar jumps after Sunday's midterm elections in BA province

    According to the IDB, Argentines could be suffering from “social fatigue” given Milei's austerity measures

    The results of Sunday's midterm elections in the Argentine province of Buenos Aires pushed the US dollar above the AR$1,400 cap, given the poor performance of President Javier Milei's La Libertad Avanza (LLA) and, with it, the resurrection of Peronism-Kirchnerism. In addition, Argentine stock abroad fell sharply, coupled with a spike in the country's risk rating.

  • Saturday, April 12th 2025 - 10:44 UTC

    WB and IDB pledge further funding for Milei's Argentina

    The IDB and WB announcements came after the IMF's Board approved a US$ 20 billion loan

    The World Bank (WB) announced Friday a US$ 12 billion financing package for Argentina over three years to support economic stabilization and reforms. Pending board approval, the initiative consists of several contributions as follows:

  • Friday, November 22nd 2024 - 10:20 UTC

    Praise for Milei’s stabilization program: IDB approves 2 billion dollars in loans for Argentina

    The loans will assist the country in key measures to strengthen public finances, energy sector sustainability, and child development

    The Inter-American Development Bank (IDB) Executive Board approved four operations, totaling over 2 billion US dollars to support Argentina's strategy to promote fiscal sustainability and lay the groundwork for sustainable and equitable growth. The loans will assist the country in key measures to strengthen public finances, energy sector sustainability, and child development. Additionally, the IDB will support the City of Buenos Aires in improving access to public health services.

  • 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.

  • Wednesday, January 31st 2024 - 10:19 UTC

    Latin America exports in 2023 contracted 2,2%, and prospects for this year are uncertain, IDB report

    Export performance deteriorated throughout most of the region. South America and the Caribbean were the sub regions hit hardest by the fall in commodity prices

    The value of exports from Latin America and the Caribbean contracted by 2.2% in 2023 after having grown by 17.0% in 2022, a new release from the Inter-American Development Bank (IDB) reports.

  • 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.”

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

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

    IDB president Illan Goldfajn and Uruguay's Economy and Finance Minister Azucena Arbeleche sign the US$ 145 million loan agreement

    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

    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).

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

    IMF and IDB willing to help Brazil manage spending cap

    Economists, scholars, and specialists will be summoned to give their opinion about this, Haddad said

    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.

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