This project aims to support the National Healthcare System, which will benefit 4.7 million people children and 625,000 elderly and disabled people in need of support and care, and 3.6 million people, the majority of whom womenwho spend more than seven hours a day on unpaid care activities. Approximately 2.1 million paid healthcare providers will […]
Tag: IDB
IDB establishes three international alliances to expand the green bond market
The alliances have signed up World Summit of Development Banksaim to increase the level of inter-agency cooperation to help countries in the region achieve the Sustainable Development Goals (SDGs) of the UN. In that sense, the development bank KfW from Germany signed a letter of intent with the IDB to create the “Green Bond Partnership” […]
Public development banks hold a world summit in Cartagena
Discussion and follow-up to the conclusions of the Summit for a “New Global Finance Pact” held in Paris at the end of June are part of the agenda of the World Summit of Public Development Banks (FiCS 2023) to be held in Cartagena in September . Taking place for the first time in Latin America, […]
IDB supports the government’s proposed labor and pension reforms
Kelvin Suero, Inter-American Development Bank (IDB) representative for Colombia, expressed the support of the international entity for the labor and pension reforms being implemented in the Congress of the Republic. The announcement comes after a meeting between the Department of Labor and the agency aimed at strengthening agreements to strengthen employment policies and training for […]
IDB says it will guide the debate on labor and pension reform
“From the Inter-American Development Bank, we are in the best position to guide the entire debate and highlight the elements that have brought us success in implementing various reforms in other countries. Therefore, we reiterate the greatest willingness to accompany them efforts,” said Kelvin Suero after a meeting to strengthen agreements on employment policies and […]
According to IDB estimates, Latin America will only grow by 1% in 2023
Latin America and the Caribbean will grow just 1% this year, according to estimates from the Inter-American Development Bank (IDB), which released its macroeconomic report on Sunday, a document prepared before the crisis that erupted after the fall of the US Silicon Valley Bank. In a press conference, the bank’s chief economist, Eric Parrado, acknowledged […]
World Summit of Development Banks will be held in Cartagena
Cartagena will host the fourth edition of the Finance in Common Summit (FICS) of the Global Network of Public Development Banks, an event that will take place in Latin America for the first time, The international meeting will take place from September 4 to 6, 2023 at the Congress Center of the City of Cartagena […]
IDB highlights Colombia’s potential to drive productive transformation
Sectors such as agriculture, supply chains, services and extractive industries have great potential to leverage Colombia’s productive transformation, according to the Inter-American Development Bank’s (IDB) “New Horizons of Productive Transformation in the Andes Region” study. The report presented this Thursday in Bogotá by the General Director of the Andean Countries of the IDB; Tomás González, […]
Brazilian Ilan Goldfajn is elected as the new president of the IDB
At this meeting with delegations that participated in person and virtually Goldfajn, postulated by Brazilreceived broad support for the position, which has a five-year term. The Brazilian candidate had the support of a formed coalition Argentina, United States Y Canada. In addition, he had the support of Colombia, represented by the Minister of Finance, José […]
“Increase private and public capital”: IDB challenge against the climate crisis
In 2021, the IDB Group mobilized $6,000 million in climate finance, half of which, $3,000 million, was allocated to mitigation projects and activities in various countries of Latin America and the Caribbean. In the coming days, the Ibero-American Development Bank will host other events in the MBD Pavilion of the COP27 Congress Center: “Innovation Ecosystems […]