June 3, 2025 The Executive Board of the International Monetary Fund (IMF) approved today a two-year arrangement for Costa Rica under the Flexible Credit Line (FCL) in an amount equivalent…
Category: CENTRAL AMERICA BUSINESS AND FINANCE
IMF Reaches Staff-Level Agreement on the First Review under El Salvador’s Extended Fund Facility Arrangement
May 30, 2025 IMF staff and the Salvadoran authorities have reached staff-level agreement on the first review of the country’s extended arrangement under the Extended Fund Facility (EFF). They also…
IMF Executive Board Concludes 2025 Article IV Consultation with Costa Rica
May 16, 2025 The Executive Board of the International Monetary Fund (IMF) completed the Article IV Consultation for Costa Rica on May 12, 2025. [1] Costa Rica has achieved remarkable…
Colombia: Staff Statement
April 22, 2025 The Colombian economy continues to expand with some moderation in key imbalances. After slowing sharply in 2023, the economy expanded by 1.7 percent in 2024 supported by…
US secures Panama Canal amid tensions with China
By: Staff Writer April 18, 2025 U.S. Defense Secretary Pete Hegseth, in a recent visit to Panama, announced in a speech that they have reached a landmark security cooperation agreement…
CDB and Government of Belize Launch Entrepreneurial Training to Empower MSMEs
April 4, 2025 In a significant step to enhance livelihoods and business opportunities in Belize, the Caribbean Development Bank (CDB, the Bank) through the United Kingdom Caribbean Infrastructure Fund (UKCIF) financed a two-week entrepreneurial…
Panama Canal sale blocked by China
By: Staff Writer April 1, 2025 Hong Kong based CK Hutchison will not sign a deal to sell its Panama Canal holdings to American firm Black Rock as Chinese anti-trust…
Trump threatens tariffs for countries that buy Venezuelan oil
By: Staff Writer March 28, 2025 US President Donald Trump posted on the social media platform, Truth Social, that he would sign an executive order imposing 25 percent tariffs on…
El Salvador to Advance Macroeconomic and Fiscal Sustainability with IDB Support
March 21, 2025 El Salvador will advance on key reforms aimed at promoting macroeconomic and fiscal sustainability with a $500 million loan from the Inter-American Development Bank (IDB). The IDB…
IFC to Advise Belize on Solar PPP Project to Boost Energy Security and Affordability
March 18, 2025 IFC, a member of the World Bank Group, is supporting the Government of Belize in attracting a private investor to build a utility-scale solar plant aimed at…
Bladex leads a new USD 200 million syndicated loan for CrediQ in Costa Rica, El Salvador, and Guatemala.
March 14, 2025 Banco Latinoamericano de Comercio Exterior, S.A. (Bladex) announces the successful closing of a USD 200 million syndicated loan in partnership with Banco Agrícola S.A. (a Grupo Bancolombia company) for…
IDB Invest Leads Sustainable Bond Issuance to Expand Green and Social Financing of BAC Guatemala
March 11, 2025 IDB Invest supported Banco de América Central, S.A. (BAC Guatemala) in issuing its first sustainable bond to drive financial inclusion and environmental sustainability in Guatemala. The bond,…