The Inter-American Development Bank (IDB) and the International Monetary Fund (IMF) announced this week in Asunción an increase in cooperation with Latin American and Caribbean countries regarding environmental initiatives and sustainable development.
The Inter American Development Bank, IDB, has announced a package of emergency measures, plus humanitarian aid and special credits for rebuilding infrastructure in the Brazilian state of Rio Grande do Sul currently suffering from the worst floods in a century, with hundreds dead and disappeared, and over a million of the eleven million population forcibly displaced.
The Inter-American Development Bank (IDB) Group concluded after its XII Annual Consultation meeting with Governors of IDB Caribbean members on Feb. 23 and 24 in Georgetown that the Caribbean might be small in size but is nonetheless a big player in many crucial areas, it was reported from the Guyanese capital.
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.
The Interamerican Development Bank (IDB) has issued a report forecasting growth for the region in 2023 will barely stand at 1%, much lower than similar studies from the Economic Commission for Latin America and the Caribbean (ECLAC) and the International Monetary Fund (IMF).
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).
Brazil's Ilan Goldfajn was elected Sunday as the new head of the Interamerican Development Bank (BID), it was reported in Washington DC.
Growth projections in the region next year have been trimmed downwards due to inflation and skyrocketing interest rates, the International Monetary Fund (IMF) announced Thursday.
A high-ranking International Monetary Fund (IMF) official Friday announced a full deal with Argentina “is very close,” as the Government of President Alberto Fernández hopes it will be next week, so that it can be put up for Congressional approval at the start of the new Legislature, March 1.
Brazil’s central bank left interest rates at a record low on Wednesday as expected, and signaled it is in no rush to change them even though inflationary pressures have cooled. The bank’s nine-member monetary policy committee, Copom, voted unanimously to keep the benchmark Selic rate at 6.5% for the seventh straight meeting.