Tag: Inter American Development bank (IDB)

• Wednesday, April 1st 2015 - 06:21 UTC

  Fiscal imbalances and higher financial risks ahead for Latin America warns IDB

  

  Most Latin American and Caribbean countries need to make budget adjustments in the face of rising fiscal imbalances and higher financial risks, according to the Inter-American Development Bank’s annual macroeconomic report issued this week.

• Tuesday, January 6th 2015 - 06:58 UTC

  Optimistic forecast for Latin America: 2.2% growth in 2015, up from 1.3% in 2014

  

  Latin America and the Caribbean's economic growth might recover modestly to 2.2% in 2015, up from 1.3% in 2014, its lowest rate since last decade's global financial crisis. Despite the slowdown, the region has managed to maintain its gains against poverty, said Inter-American Development Bank President Luis Alberto Moreno.

• Wednesday, December 17th 2014 - 12:59 UTC

  Uruguay receives IDB credit to boost investment in renewable energies

  

  As part of Uruguay long term plan to promote investment in infrastructure and finance investment in electric power plants using renewable energy resources, essentially wind and solar so as to diversify the country energy mix and cut CO2 emissions, the country will be receiving a 250 million dollar credit line from the Inter American Development Bank, IDB.

• Wednesday, December 17th 2014 - 12:22 UTC

  Latin America exports stagnant for third year running, says IDB

  

  Exports from Latin America will drop by about 1.4% in 2014, the first decline in exports since the collapse of international commerce during the 2009 financial crisis, according to a study by the Inter-American Development Bank (IDB).

• Saturday, November 29th 2014 - 07:11 UTC

  IDB loan for Uruguay to promote quality investments and exports

  

  The Inter-American Development Bank (IDB) has approved a 120 million dollars loan to finance the second phase of Uruguay's Strategic International Positioning Program. Its goal is to consolidate the country's international positioning, contributing to an increase in investments—mainly those aimed at high value-added sectors— and exports.

• Friday, October 17th 2014 - 07:01 UTC

  IDB loan for a 48.6 MW wind farm to be developed by Uruguay's private sector

  

  The Inter-American Development Bank (IDB) has approved a loan of up to 42.2 million dollars to help the private sector in Uruguay finance the development, construction, operation and maintenance of a 48.6 MW wind farm and its associated facilities.

• Tuesday, July 8th 2014 - 12:30 UTC

  IDB names Gustavo De Rosa Finance Manager and Chief Financial Officer

  

  The Inter-American Development Bank (IDB) announced the appointment of Gustavo De Rosa as Finance Manager and Chief Financial Officer, effective November 1, 2014.

• Tuesday, July 8th 2014 - 00:08 UTC

  IDB loan to help Uruguay with mathematics and English learning at schools

  

  The Inter-American Development Bank (IDB) has approved a 6 million dollars loan to Uruguay to finance the Plan Ceibal II (digital content), which will help to strengthen mathematics learning by 90,000 primary and middle school students and extend English teaching to half of all 4th, 5th and 6th graders in urban public primary schools.

• Monday, March 31st 2014 - 16:13 UTC

  Latam forecasted to grow 3% this year, but fiscal deterioration is serious

  

  Latin America and the Caribbean’s economy as a whole will grow by 3% this year and 3.3% in 2015 thanks to “improved economic conditions in the United States and Europe”, the Inter-American Development Bank said in a report released over the weekend.

• Thursday, February 27th 2014 - 04:47 UTC

  Inter-American Development bank holds its annual meeting in Bahía

  

  The Inter-American Development Bank (IDB) will hold its 2014 Annual Meeting in Bahía, Brazil, March 27-30, bringing top economic and business leaders to discuss how the private sector can help boost economic and social development in Latin America and the Caribbean.