Inter-American Development Bank

 

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    Washington -- Mar. 1, 2010 -- The Inter-American Development Bank has approved $45 million in financing to improve Jamaica's education system and expand compulsory schooling from 16 years to 18 years of age.


    Bridgetown, Barbados (Feb. 7, 2010 ) – The United Kingdom Department of International Development (DFID) and the Inter-American Development Bank (IDB) discussed Feb. 5 progress made in joint trade support and in the preparation of projects to promote private sector development and competitiveness in the Caribbean.


    Dec. 14, 2009 -- The Inter-American Development Bank will hold a business plan competition for Caribbean tourism projects involving low-income communities in their value chains. The contest, organized by the IDB’s Opportunities for the Majority Initiative, is open to companies based in the Bahamas, Barbados, Guyana, Haiti, Jamaica, Suriname and Trinidad and Tobago.



    March 31, 2009 -- The global financial crisis will have important negative economic effects in Latin America and the Caribbean even if rich nations start to recover in 2010, according to a study by the Research Department of the Inter-American Development Bank (IDB).

    Kingston -- Dec. 18, 2008 -- Jamaica will build and repair schools and improve the quality and efficiency of its primary education system with a $14 million loan approved Dec. 17 by the Inter-American Development Bank.

    Dec. 13, 2008 -- Suriname will empower local governments to take direct initiative and accountability over basic fiscal functions as well as the delivery of core public services with an Inter-American Development Bank $13.5 million loan.

    March 10, 2010 -- The Inter-American Development Bank (IDB) will present a comprehensive Action Plan to improve road safety and reduce mortality rates in Latin America and the Caribbean.


    Jan. 23, 2010 -- The Inter-American Development Bank (IDB), the largest multilateral source of assistance and debt relief for Haiti, is considering a mechanism for the further alleviation of Haiti’s $441 million debt to the IDB in the wake of the destruction caused by the Jan. 12 earthquake.


    Dec. 18, 2009 -- Jamaica will improve public security with a $21 million loan from the Inter-American Development Bank. The facility will finance crime prevention and strategic interventions to address risk factors that lead youths into a path of crime and violence.



    Dec. 8, 2009 - The Inter-American Development Bank approved a $15 million loan to provide housing solutions to approximately 3.000 Surinamese households, both along the coast and in Suriname’s interior.

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