Press Room

WASHINGTON — The Inter-American Development Bank (IDB) approved a US$90 million loan to support improvements in the reliability and efficiency of electricity service in The Bahamas. This operation is the second in a Conditional Credit Line for Investment Projects (CCLIP) approved in 2020 to finance...

WASHINGTON – The Inter-American Development Bank (IDB) approved a Specific Investment Loan (ESP) of $28.1 million to improve the effectiveness of public spending oversight in Ecuador through institutional, operational, and technological strengthening of the Office of the Comptroller General of the...

WASHINGTON — The Inter-American Development Bank (IDB) has approved a $200 million Conditional Credit Line for Investment Projects (CCLIP) – along with a first $70 million loan under the credit line – to support Peru in implementing a sustainable and productive rural electrification program in its...

WASHINGTON – The Inter-American Development Bank (IDB) approved a financing package for Banco do Nordeste do Brasil S.A. (BNB) to expand the integration of renewable energy of Brazil’s Northeast region with the national grid. The $67 million funding will be provided by the IDB and the other half by...

WASHINGTON — Lending by multilateral development banks (MDBs) and development finance institutions (DFIs) to private entities in emerging markets performed comparably to that in advanced economies, with an average default rate of 3.54% and recovery rates exceeding global benchmarks at 72.9%...

WASHINGTON — The Inter-American Development Bank (IDB) has approved a $500 million Loan Based on Results to increase healthcare benefits for retirees and pensioners affiliated with the National Institute of Social Services for Retirees and Pensioners.   The operation, which has been approved by the...