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The IDB Group is expanding the scale and deepening the impact of its development work in Latin America and the Caribbean, announcing a significant increase in financing and flagship initiatives to boost private-sector-led growth.
At this year’s Annual Meetings, President Ilan Goldfajn projected that expanded operations, the newly completed capitalization of IDB Invest, and continued reforms will generate an expected $500 billion in financing capacity over the next decade — more than double that of the previous 10 years — to support growth, jobs, infrastructure, and opportunities across the region.
Nearly 4,000 participants gathered in Asunción, with over 1,700 private-sector representatives among them, including more than 300 CEOs and 750 C-level executives. The role of the private sector – and the IDB Group’s power to catalyze it – was a central theme:
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The new IDB LAC Minerals initiative will foster secure, value-added supply chains for critical minerals originating in Latin America and the Caribbean.
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The LAC Crece platform will accelerate private-sector-led growth by tackling bottlenecks through sequenced, prioritized, and financed action.
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Procure+ ushers in a comprehensive reform of procurement across IDB-financed projects.
Find all the details here.
Interested in our seminars on key development topics or our Business Forum? The playlist is available here. | | |
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Economic Growth in 2026 |
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Latin America and the Caribbean has weathered global uncertainty with low unemployment, contained inflation, and growth near long‑term averages, reflecting stronger macroeconomic frameworks.
And yet, growth remains insufficient to close income gaps, public-debt levels are elevated, and higher interest payments are exerting increasing pressures.
The region will grow by an average of 2.1% this year, according to the IDB’s new Macroeconomic Report. It emphasizes that sustaining growth will increasingly depend on productivity gains and upgrading skills, including those related to AI, while highlighting the region’s reserves of critical minerals as a unique opportunity.
Find the takeaways in this blog post and read
the full report here. | | |
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Our goal is to unlock better development results for more people in more places. How does that apply to our critical role as a “knowledge bank” for Latin America and the Caribbean?
The IDB Group’s first-ever Knowledge Annual Report tracks the volume and uptake of our work – in the last year, we produced more than 700 knowledge products, from technical notes to datasets, and our publications were accessed over 5 million times. But the report goes farther, investigating just how much these knowledge resources moved the needle on real-world challenges – from energy subsidies in Argentina to investments in public transport in Lima.
Learn more about our results and how we’re building stronger systems to connect knowledge with decision-making in this blog post. | | |
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We need rich data to understand the economies and societies of Latin America and the Caribbean – and with improved knowledge, we can craft policies and development projects with greater impact.
Unveiled at the Annual Meetings this month, this is the IDB Group’s data wall – a visual collection of original and curated research and statistics on the region’s energy and infrastructure, health and education, labor markets, productivity, and more.
“From Evidence to Impact: Latin America and the Caribbean in Numbers” is available in video format here and
as a publication here. What insights will you discover? | | |
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The Inter-American Development Bank Group (IDB Group) is the leading source of financing and knowledge for improving lives in Latin America and the Caribbean. It comprises the IDB, which works with the region's public sector and enables the private sector;
IDB Invest, which directly supports private companies and projects; and
IDB Lab,
which spurs entrepreneurial innovation. | |
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