Tag: Inter American Development bank (IDB)

• Thursday, September 9th 2021 - 09:24 UTC

  Ecuador and IMF reach agreement for disbursement of frozen US$ 6bn funds

  

  Ecuador and the International Monetary Fund, IMF, finally reached a technical agreement involving 6 billion US dollars, according to the country's economy minister Simon Cueva. The accord must still be approved by the IMF governing board but will unblock “international funds”, which have been frozen for months.

• Friday, August 13th 2021 - 13:03 UTC

  Ex Venezuelan congress members, US representative at the IDB

  

  United States president Joe Biden appointed former Venezuelan congress member Leopoldo Martinez Nucete as US permanent representative in the Inter American Development bank, IDB.

• Thursday, March 5th 2020 - 08:40 UTC

  Brazil and Argentina disputing the presidency of the Inter American Development Bank

  

  Brazil plans to push for its own candidate to lead the Inter-American Development Bank, vying with Argentina for the regional lender’s top job, as President Jair Bolsonaro seeks to capitalize on the political alliance with his U.S. counterpart Donald Trump.

• Saturday, November 30th 2019 - 07:53 UTC

  Lower trade barriers helped faster economic and wage growth in Latin America, IDB report

  

  Latin America and Caribbean region saw faster economic and wage growth thanks to a lowering of trade barriers, a new report by the Inter-American Development Bank shows. The study also provides policy recommendations to ensure the region is better positioned to take advantage of trade liberalization and make its benefits more tangible to citizens.

• Wednesday, April 5th 2017 - 06:22 UTC

  IDB ends annual meeting with agreement to replenish innovation fund

  

  The Inter-American Development Bank and the Inter-American Investment Corporation wrapped up the annual meeting of their Boards of Governors after reaching an agreement to replenish the Multilateral Investment Fund (MIF), the IDB Group’s innovation lab.

• Saturday, November 26th 2016 - 13:36 UTC

  IDB US$ 60m loan to expand sewage and rainwater drainage in Montevideo

  

  Uruguay will expand sewage and rainwater drainage systems in Montevideo and improve management of City Hall's sanitation system thanks to a US$60 million loan approved by the Inter-American Development Bank (IDB). The money represents the second stage of a line of credit that the IDB approved for investment projects in December 2006.

• Friday, November 4th 2016 - 22:59 UTC

  Bolivia seeks access to Pacific Ocean via Peruvian por of Ilo

  

  Integration between both countries appears to be on a smooth path after second binational cabinet meeting in Sucre, chaired by Presidents Evo Morales and Pedro Pablo Kuczynski. Railway road to Brazilian port of Santos also on the table

• Friday, July 1st 2016 - 08:30 UTC

  Pacific Alliance members plan financial integration investing pension funds in infrastructure

  

  The Pacific Alliance must improve integration of financial systems to spur investment in key areas such as infrastructure, finance ministers from the four member nations said on Thursday. The group, composed of Colombia, Mexico, Chile, and Peru, has already reached several accords in areas such as free commerce and immigration rules, but admitted that significant opportunities for integration remained.

• Monday, April 11th 2016 - 05:46 UTC

  Argentina ready to formally join the IMF fold; Prat-Gay to meet Lagarde this week

  

  Argentina will start discussions with the International Monetary Fund (IMF) this week on its first Article IV review in a decade, Finance Minister Alfonso Prat Gay said at a conference held by the Institute of International Finance (IIF) in Nassau. “Next week we are going to have a discussion (with the IMF) to agree on an actual schedule for the next Article IV evaluation, which will happen sometime around September,” Prat Gay told the audience on Sunday.

• Tuesday, December 15th 2015 - 07:51 UTC

  Latin American exports fall for third year running and 2016 prospects are not encouraging

  

  Exports from Latin America and the Caribbean will drop about 14% in 2015 due to a steep decline in prices and weak demand for the region’s main exports from key trading partners, according to a new report from the Inter-American Development Bank (IDB).