IDB
Coverage of IDB in the Nexus archive.
- Ecuador’s 2040 Plan Gets $7.5 Billion Development Bank Boost
Ecuador's 15-year Agenda de Crecimiento Ecuador 2040 has received a $7.5 billion commitment from the IDB over five years, with an initial $200 million policy-based loan approved for tax and energy reforms. The plan focuses on four pillars: institutional strength, fiscal stability, competitiveness, and financial depth, with priority sectors including mining.
- Development Bank IDB Plans $3 Billion for Guatemala’s Investment-Grade Push
The IDB Group plans to provide up to $3 billion to Guatemala over three years, conditional on reforms that could lead to the country's first investment-grade rating. The funding aims to support Guatemala's efforts to achieve an investment-grade rating through necessary reforms.
- Korea Helps Fund Guatemala’s Push to Light Up the Countryside
Guatemala's utility is evaluating bids to electrify 133 rural villages through a $120 million loan provided by the IDB and a Korea facility. The initiative aims to expand rural electrification with international financial support.
- Argentina Clears Path to Borrow $5 Billion to Cover July Debt
Argentina authorized borrowing up to $5 billion through guaranteed loans to cover approximately $4.5 billion in debt due in early July. The World Bank and the IDB are providing partial guarantees for the loans.