November 19, 2019

Bahamas need to reconsider building practices amid Dorian clean-up

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By Imogen Francis From The Globe Post Just over a month after Hurricane Dorian flattened parts of the Abaco Islands and killed over 50 people, the county’s leaders and the Inter-American Development Bank have allocated a $100 million loan to start rebuilding. But experts believe before any rebuilding takes place, the Bahamian government needs to invest in […]

IDB okays grant for Caribbean countries receiving migrants

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From Daily Herald WASHINGTON, United States–The Inter-American Development Bank (IDB) has approved a multi-million-dollar special grant facility to support operations that help countries in Latin America and the Caribbean integrate migrants into local communities and contribute to their development.   It said the initiative is in response to “unprecedented and sudden intraregional migration flows” impacting […]

IDB changes location of annual meeting from China over Venezuela

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By Melanius Alphonse from Caribbean News Now WASHINGTON, USA — China, in a show of support of President Nicolás Maduro as head of state, has refused to grant Juan Guaidó a diplomatic visa to China. The move comes ahead of the Inter-American Development Bank (IDB) annual meetings that will no longer convene in China and […]

2.5 Million murders occurred in Latin America and the Caribbean in less than 20 Years

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From NAN Santiago (AFP) Latin America and the Caribbean is the most violent region on the planet, accounting for 39 percent of the world’s murders, the Inter-American Development Bank (IDB) said in a study published last November (2018). That amounts to more than 2.5 million murders in less than two decades, 75 percent of which […]

Work on geothermal plant in Dominica, Caribbean could start Q3 2019

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By Alexander Richter From Think Geo Energy The Government of Dominica in the Caribbean has announced that construction of the long awaited geothermal power plant could start as early as in the third quarter of 2019 with funding recently announced by the IDB and Caribbean Development Bank, with funding by the World Bank. As reported […]

Institutions for Development: What Lies Ahead in the Caribbean?

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From The Dialogue On November 14, the Inter-American Dialogue and the Inter-American Development Bank (IDB) hosted an event to discuss the Bank’s newest book on the Caribbean region: “Nurturing Institutions for a Resilient Caribbean.” Opening remarks were given by Therese Turner-Jones and Moisés J. Schwartz, both economists from the IDB. These remarks were followed by […]

Bahamas urged: ‘Heed’ Fiscal Council warning

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  By NEIL HARTNELL From Tribune 242 The Bahamas would be “very wise to heed” findings that a new fiscal watchdog’s credibility will be enhanced the more independent it is from the Government. Matt Aubry, the Organisation for Responsible Governance’s (ORG) executive director, told Tribune Business that this nation does not yet match up to […]

Latin America and Caribbean is world’s most violent region, study says

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From France24 SANTIAGO (AFP) – Latin America and the Caribbean is the most violent region on the planet, accounting for 39 percent of the world’s murders, the Inter-American Development Bank (IDB) said in a study published on Thursday. That amounts to more than 2.5 million murders in less than two decades, 75 percent of which were committed […]

Barbados government signs US$100 million loan agreement with IDB

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From Caribbean News Now BRIDGETOWN, Barbados — The Inter-American Development Bank (IDB) and the government of Barbados have formalized a historic loan agreement for US$100 million to support the Barbados Economic and Recovery Transformation (BERT) Plan. Having pledged the IDB’s support to the Barbados government during an official visit in June 2018, IDB president, Luis […]

IDB 2018 Latin American and Caribbean Macro Report – A Mandate to Grow

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Wednesday 07 November 2018 – Wednesday 07 November 2018 As part of the CFD-IFIs Series LAUNCH OF THE REPORT The IDB 2018 Latin American and Caribbean Macro Report – A Mandate to Grow, revisits the growth debate that has been raging in the region for the past half century. Viewing the debate from this long-term […]