inter-american development bank
Flights

United Airlines Is Going Daily to Barbados From Newark and Washington, D.C. for the Holiday Season

united airlines barbados

A table at The Cliff. A week at Sandy Lane. A villa in Paynes Bay with the whole family coming in for Christmas. Barbados has long had its own version of the Caribbean festive season, one defined by packed hotels, hard-to-get restaurant reservations and repeat visitors who return every December. This year, United Airlines is putting considerably more seats […]

inter-american development bank

Colombia, Inter-American Development Bank Sign Citizen Security Agreement

Above: Bogota (Photo: IDB) By the Caribbean Journal staff Colombia and the Inter-American Development Bank have signed an agreement aiming to transfer knowledge on violence prevention and improve citizen security in Latin America and the Caribbean. The signing, which took place at the close of the International Congress on Citizen Security for Local Authorities, was […]

inter-american development bank

Inter-American Development Bank's Caribbean Governors Meet in Suriname

Above: Paramaribo (Photo: IDB) By the Caribbean Journal staff The Caribbean governors of the Inter-American Development Bank met in Suriname Monday to discuss development challenges and opportunities in the region. It was the first annual meeting of the Governors of the IDB’s Caribbean Country Department. IDB President Luis Alberto Moreno said the bank would strive […]

inter-american development bank

Belize Joins Regional Health Initiative

Above: Belize (Photo: IDB) By the Caribbean Journal staff Belize has joined the Salud Mesoamerica 2015 Initiative, a project that aims to reduce maternal and infant mortality among the poor. The programme could help more than 30,000 young women and children. Acting Belizean Prime Minister Gaspar Vega and Inter-American Development Bank President Luis Alberto Moreno […]


Inter-American Development Bank's Caribbean Governors Meet in Suriname

Above: the Peligre hydroelectric plant (Photo: IDB) By the Caribbean Journal staff Haiti’s government today signed a contract with French firm Alstom-Comelex to refurbish the country’s Peligre hydroelectric plant, its principal source of renewable energy. The three-year, $48.8 million contract was signed by Public Works Minister Jacques Rousseau, Finance Minister Andre Georges, Electricite d’Haiti Director […]

Dominican Republic Gets $130 Million Loan from IDB for Toll Road

Above: the Heroes de la Restauracion Monument in Santiago (Photo: DR Tourism) By the Caribbean Journal staff The Dominican Republic has received a $130 million loan to refinance the rehabilitation, construction and operation of the Viadom network of toll roads. The loan for Dominicana de Vias Concesionadas C por A, is the largest single no-sovereign […]

Inter-American Development Bank Approves $70 Billion Capital Increase

Above: IDB President Luis Alberto Moreno (right) at a road project in Haiti (Photo: Catianne Tijerina) By the Caribbean Journal staff The member countries of the Inter-American Development Bank have approved a resolution authorizing a $70 billion increase in the bank’s ordinary capital, following a vote by the IDBs Board of Governors. The vote concluded […]

IDB: Latin America and Caribbean on Right Path, but Not Immune to Turbulence

Above: IDB President Luis Alberto Moreno in Haiti (Photo: Catianne Tijerina) By the Caribbean Journal staff Latin America and the Caribbean are closing a year marked by economic gains, but the region is not immune to external shocks, according to a year-end report by Inter-American Development Bank President Luis Alberto Moreno. Although the region performed […]

Haiti Gets Grant for Hydroelectric Power

Above: Lake Peligre in Haiti By the Caribbean Journal staff The Inter-American Development Bank has approved a $20 million grant to complete and supplement financing needed to refurbish Haiti’s Peligre hydroelectric plant, the largest green energy facility in the country. The project will help Haiti restore and preserve the original stalled capacity of 54 megawatts, […]

Trinidad Signs $130M IDB Loans

By the Caribbean Journal staff Trinidad has signed two loan agreements with the Inter-American Development Bank for a total of $130 million. The loans comprise $80 million in climate change support and $50 million aimed at strengthening the financial sector. The loans are for a 20-year term, with a four-year grace period. The climate change […]

“Haiti is a Land of Opportunity”

Above: Jose Agustin Aguerre (Photo: CJ) By Alexander Britell “Haiti is a land of opportunity.” It’s that phrase which Jose Agustin Aguerre, the manager of the Haiti Country Department for the Inter-American Development Bank, hopes becomes the new paradigm for a country long viewed only through the prism of its poverty. The IDB’s work in […]

Jamaica Signs $198 Million Loan Agreements with IDB

Above: Finance Minister Audley Shaw (JIS Photo) By the Caribbean Journal staff Jamaica has signed loan agreements for a total of $198 million with the Inter-American Development Bank aimed at providing funding for fiscal reform and water projects. The loans include $133 million for the Kingston Metropolitan Area Water Supply Improvement Programme and $65 million […]