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IDB Invest Successfully Closes Its Subscription Process to Accelerate Private-Sector-Led Development in Latin America and the Caribbean

Paraguay, March 16 -- IDB Invest successfully closed the subscription process for its $3.5 billion capital increase, approved by the Boards of Governors in 2024 in Punta Cana. The milestone strengthen... Read More


IDB Launches Comprehensive Procure+ Reform

Paraguay, March 16 -- The Inter-American Development Bank (IDB) launched Procure+, a comprehensive reform of procurement across IDB-financed operations designed to strengthen competition, improve spen... Read More


IDB Group Launches LAC Crece to Accelerate Growth in Latin America and the Caribbean

Paraguay, March 16 -- The Inter-American Development Bank Group (IDB Group) today launched LAC Crece, a platform for accelerating private-sector-led growth through sequenced, prioritized, and financed... Read More


IDB Group and Switzerland Announce Joint Initiative to Support Implementation of EFTA-Mercosur Agreement

Paraguay, March 16 -- The Inter-American Development Bank Group (IDB Group) and the government of Switzerland today announced a joint initiative to support the implementation of the free-trade agreeme... Read More


Uzbekistan Improves Gas Network to Benefit Households and Businesses

Uzbekistan, March 16 -- The World Bank has approved a $10.6 million grant to help Uzbekistan reduce leaks in its aging gas transmission system and recover valuable gas to power households and industry... Read More


World Bank, Government of India Sign Agreement to Improve Air Quality in Uttar Pradesh State

India, March 16 -- The World Bank, the Government of India and Government of Uttar Pradesh (UP) today signed an agreement to support the Government of UP's Clean Air Plan which focuses on integrated s... Read More


World Bank, Government of India Sign Agreement to Improve Air Quality in Haryana State and National Capital Region

India, March 16 -- The World Bank, the Government of India and Government of Haryana have signed an agreement to support Haryana's multi-sectoral action plan for improving air quality in the state whi... Read More


Kazakhstan Advances Policy Reforms for Jobs and Inclusive Growth, with World Bank Support

Kazakhstan, March 16 -- The World Bank's Board of Executive Directors approved a $600 million loan for the Second Inclusive and Sustainable Economic Growth Development Policy Operation (DPO) to suppor... Read More


Malaysia's Fast-Tracked Industrial Approvals Drive Productivity, Boost Investments and Jobs

Malaysia, March 16 -- Malaysia is demonstrating that higher productivity is a tangible outcome of well-designed reforms. Through streamlined processes resulting in faster services, the country is tran... Read More


Signing of Agreement with Nigeria:Supporting development of startups and resolution of social challenges through improved access to capital and institutional development for local startups

Nigeria, March 16 -- On February 20, the Japan International Cooperation Agency (JICA) signed agreement documents for project implementation with the Government of Federal Republic of Nigeria in the c... Read More