The Inter-American Institute for Cooperation on Agriculture (IICA) and Agbar Agriculture, from the Agbar group, signed a technical cooperation agreement with which they will seek to develop joint initiatives and projects linked to the smart and sustainable management of water resources in the…
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Caribbean
Fintech industry increases its presence in Latin America
The number of fintech platforms in Latin America and the Caribbean doubled in the last three years to reach 2,482 in 2021, which represents almost a quarter of these companies worldwide, with 22.6 %, according to the latest study published…
IMF estimates 2.5 % growth for Latin America in 2022
The International Monetary Fund (IMF) published its new estimates on economic growth and slightly modified its forecasts for the Latin American and Caribbean region by 2.5 % for this 20220 in the framework of an environment marked by…
Unemployment in Latin America will be 28.8 million people
The number of unemployed in Latin America and the Caribbean will rise to 28.8 million people in 2022, which represents a decrease of 1.3 million unemployed in 2021, but 4.5 million more than in 2019, according to a report prepared by the…
Latin America will slow down its growth rate in 2022
Latin America and the Caribbean will decelerate their economic growth rate in 2022 to 2.1%, after having observed an average growth of 6.2% last year, according to new projections provided by the Economic Commission for Latin America and…
IDB closes 2021 with great financing for Latin America
The Inter-American Development Bank (IDB) expects to close the year 2021 with almost $ 20 billion in financing for Latin America and the Caribbean.
The figure is the second highest in the history of the IDB and IDB Invest, and its main…
Venezuela and CDB study development strategies for the region
The president of the Caribbean Development Bank (CDB), Gene León, and the representative of the Venezuelan government, Raúl Li Causi, held a meeting in order to analyze cooperation strategies in the region, promote connectivity and maritime…
Debt of Latin America and the Caribbean stands at 75.4 % of the region’s GDP
The World Bank's chief economist for Latin America and the Caribbean, William Maloney, highlighted that the average public debt in the region has increased by 15 points, to account for 75.4 % of the regional Gross Domestic Product (GDP).…
IMF appoints Brazilian Illan Goldfajn as director of the Western Hemisphere
The International Monetary Fund (IMF) announced that Illan Goldfajn will assume the position of director for the Western Hemisphere department from January 2022. He will replace Alejandro Werner, who retired last August after eight years in…
The Caribbean will have a joint cbdc
At the end of March, the Eastern Caribbean Central Bank (ECCB) announced the launch of its own Dcash, which will initially circulate in four countries in the region.
Specifically, the digital currency is planned to join the economies of…
IDB and Japan join forces in favor of Latin America and the Caribbean
The Inter-American Development Bank (IDB) as well as the Government of Japan join efforts of cooperation and brotherhood to contribute to the social and economic recovery of Latin America and the Caribbean.
With a promise of alliance, both…
BID Annual Meeting will address economic recovery
This March 17, the 61st annual meeting of the Inter-American Development Bank (BID) will take place, where economic and financial leaders will debate through a virtual meeting issues related to economic recovery and sustainable growth in…