Press Room

Commerce between Korea and Latin America and the Caribbean (LAC) expected to reach a record $70 billion this year SEOUL – Korea and the Inter-American Development Bank Group (IDB Group) are commemorating 20 years of partnership this year, as trade between the country and Latin America and the...

Initiatives include a new AI Hub in Seoul, more jobs for Koreans, guarantees and co-financing for Latin America and the Caribbean SEOUL — The Inter-American Development Bank Group (IDB Group) and the Ministry of Economy and Finance of Korea today announced the creation of a Korea-IDB Group...

WASHINGTON — The Inter-American Development Bank (IDB) approved a $10 million investment loan and a $500,000 grant to help improve coastal water quality in Caye Caulker, Belize. Approved by the IDB’s Board of Executive Directors, the operation is part of IDB CLIMA, a performance-based pilot program...

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...