The economy of Latin America and the Caribbean should grow 3.6% this year, down from recent rates above 5% as slower expansion in China, a soft recovery in the US and debt woes in Europe weigh on the global economy.
Leading figures from the public, private, and academic sectors will participate in the annual meeting of the Inter American Development Bank, (IDB), In Uruguay, March 15-19, to examine issues that include the European crisis, youth employment, citizen security, culture and sports for youth development, climate change, and cooperation between Asia and Latin America.
Argentina must solve the controversy over the measurement of inflation which has significant economic and political costs, said Eugenio Diaz-Bonilla the Inter American Development Bank, IADB, director for Argentina and Haiti.
The Inter-American Development Bank (IDB) will hold its Annual Meeting in Montevideo, Uruguay March 16-19, drawing top economic decision-makers from its 48 member countries, including finance ministers and central bank presidents.
Latin America’s projected 2011 export growth of 26% to approximately 1.1 trillion dollars continues the strong growth posted in 2010, according to new estimates by the Inter-American Development Bank (IDB).
The Inter-American Development Bank (IDB) announced on Wednesday the unanimous approval of a 400 million dollar credit to Argentina in order to improve the infrastructure of the country’s poor neighbourhoods.
Members of the Union of South American Nations, UNASUR, need to improve cooperation and stimulate private investment to increase access to broadband services, a move that will lead to a reduction in costs and greater usage, according to two studies by the Inter-American Development Bank released at a meeting of UNASUR communication ministers.
The Inter-American Development Bank (IDB) became a signatory of the International Aid Transparency Initiative, a voluntary, multi-stakeholder effort to make information about aid spending easier to find, use and compare.
A large majority of banks in Latin America and the Caribbean consider small and medium-sized enterprise (SME) as a strategic part of their business and are upbeat about expanding their business to this sector in the next two years, according to the Latin American Banking Federation, Feleban.
The Inter-American Development Bank (IDB) approved a loan for 5 million dollars to promote tourism in six Uruguayan departments with the aim of boosting foreign exchange earnings, income, and employment.