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IDB and Japan Expand Latin America Financing to US$14 Billion

The IDB Group and Japan announced an expanded cooperation package on 24 August 2026, bringing total financing potential to US$14 billion for Latin America and the Caribbean.

  • IDB and Japan announce US$14 billion financing expansion for Latin America
  • Japan International Cooperation Agency CORE facility increases by US$5 billion
  • Japan Resilience Initiative grants US$30 million for project support

Dominican Republic Growth to Outpace Latin America, ECLAC Says

ECLAC projects Dominican Republic growth will hit 4.0% in 2026 and 4.4% in 2027, outpacing Latin America. A telecom watchdog adds that 62% of the sector depends on Chinese brands.

  • Dominican Republic's economy to outpace Latin America by 4.0% in 2026
  • Growth attributed to domestic demand, investment, tourism, construction
  • 62% of telecom sector relies on Chinese brands, raising diversification concerns

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