March 11, 2022 THE $60 MILLION LOAN WILL SUPPORT THE STRENGTHENING OF THE CENTRAL AMERICAN COUNTRY’S INNOVATION ECOSYSTEM Panama will promote the digital transformation of management and public services with a $60 million…
Category: CENTRAL AMERICA BUSINESS AND FINANCE
IMF Staff Completes Virtual Visit to Costa Rica and Reaches Staff-Level Agreement
March 11, 2022 The IMF reached a staff-level agreement with the Costa Rican authorities on policy measures for the completion of the first and second reviews of Costa Rica’s Fund-supported…
CINDE Announces: Microsoft Inaugurates New Costa Rican Headquarters, the Largest and Most Modern in Latin America
March 8, 2022 The company celebrates 28 years in the country, where its local operations serve clients throughout the Americas. In just the last 4 years, Microsoft Costa Rica has…
Belize: Staff Concluding Statement of the 2022 Article IV Mission
February 25, 2022 An International Monetary Fund team led by Jaime Guajardo conducted discussions for the 2022 Article IV consultation with Belize between February 10 and 22. The team met…
El Salvador’s Comeback Constrained by Increased Risks
By the El Salvador country team, IMF Western Hemisphere Department February 18, 2022 El Salvador’s increase in public debt will constrain medium-term growth prospects given the risks associated with high…
Colombia: Staff Concluding Statement of the 2022 Article IV Mission
February 18, 2022 Among the fastest recoveries in the region, Colombia’s economy rebounded strongly, driven by private consumption, in 2021. With progress on vaccinations and continued reopening of the economy,…
CDB, EU increase trade support to Belize with new programme
February 15, 2022 “CDB, as the second largest contributor to the Government of Belize’s current suite of development-related projects, has clearly signalled our intent to sustain and increasingly collaborate with…
Caribbean Development Bank President’s Inaugural Visit to Belize
February 8, 2022 Strengthening trade, innovative financing, advancing agriculture and building economic and climate resilience will be among the issues on the agenda when Dr Gene Leon, President of the…
El Salvador: 2021 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for El Salvador
February 1, 2022 The pandemic interrupted ten years of growth, but El Salvador is rebounding quickly. Robust external demand, resilient remittances, and a sound management of the pandemic—with the help…
IDB Invest, Mibanco to Support Colombia’s Women-Led Microenterprises with Gender Bond
January 28, 2022 • This is the first social gender bond publicly issued by a financial entity in Colombia with IDB Invest taking on the role of anchor investor. IDB…
Nexgen Packaging Expands Global Production with Investments in Mexico and Guatemala
January 28, 2022 Nexgen Packaging, an industry leading supplier of packaging for the retail, apparel, and footwear industry, today announced strategic investments in their production capabilities in Latin America. Nexgen has…
IMF Executive Board Concludes 2021 Article IV Consultation with El Salvador
January 25, 2022 The Executive Board of the International Monetary Fund (IMF) on January 24, concluded the Article IV consultation [1] with El Salvador. The pandemic interrupted ten years of growth, but…