Federal Independent Agencies
Here's a look at documents from federal independent agencies
Featured Stories
SBA OIG and USDA OIG Joint Engagement in California Signals Heightened Enforcement Posture Against Federal Program Fraud
WASHINGTON, March 4 -- The Small Business Administration issued the following news release:
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SBA OIG and USDA OIG Joint Engagement in California Signals Heightened Enforcement Posture Against Federal Program Fraud
SAN DIEGO, CALIFORNIA -- The U.S. Small Business Administration Inspector General William W. Kirk and the U.S. Department of Agriculture Inspector General John Walk met with Adam Gordon, United States Attorney for the Southern District of California to reinforce a coordinated and increasingly forceful approach to combating federal program fraud in California.
The meeting emphasized
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WASHINGTON, March 4 -- The Small Business Administration issued the following news release:
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SBA OIG and USDA OIG Joint Engagement in California Signals Heightened Enforcement Posture Against Federal Program Fraud
SAN DIEGO, CALIFORNIA -- The U.S. Small Business Administration Inspector General William W. Kirk and the U.S. Department of Agriculture Inspector General John Walk met with Adam Gordon, United States Attorney for the Southern District of California to reinforce a coordinated and increasingly forceful approach to combating federal program fraud in California.
The meeting emphasizedaccelerated coordination between the Inspectors General and U.S. Attorney's Office, earlier identification of misconduct, and aggressive pursuit of fraud cases that erode program integrity and public trust. The Inspectors General underscored that they will work with the U.S. Attorney's Office to hold individuals and entities who have engaged or plan to engage in fraud in California accountable.
SBA OIG and USDA OIG have identified California as a high-risk environment for fraud due to the scale, complexity, and sophistication of schemes targeting federal programs administered by both agencies. This joint engagement reflects the need for heightened coordination in jurisdictions where fraud risks are most concentrated and evolving. The meeting follows the recent signing of a separate data sharing agreement between SBA-OIG and USDA-OIG in Los Angeles and underscores continued coordination across agencies to address cross-program fraud.
"SBA Administrator Loeffler has been clear from Day One that there is zero tolerance for fraud in SBA programs" said SBA Inspector General Kirk. "This engagement reflects the OIG's independent oversight responsibilities. Our joint reporting shows that fraud schemes are increasingly sophisticated, particularly in large and complex jurisdictions like California. This engagement reflects a fresh and forceful approach to pursuing fraudsters and sends a clear message that coordinated oversight and enforcement efforts are tightening."
"USDA OIG is absolutely committed to participate in waging the war on fraud," said USDA Inspector General John Walk. "We will combine expertise and resources to deter and bring to account criminal fraudsters who steal from American taxpayers. I am proud to collaborate with SBA OIG, the United States Attorney's Office, and other partners in California and nationwide to pursue fraud against federal programs."
SBA OIG and USDA OIG will continue to work closely with federal prosecutors, inspectors general, and law enforcement partners nationwide to protect taxpayers, safeguard legitimate program beneficiaries, and ensure federal resources are used as intended.
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Original text here: https://www.sba.gov/article/2026/03/02/sba-oig-usda-oig-joint-engagement-california-signals-heightened-enforcement-posture-against-federal
Office of Advocacy: Labor Department's 2024 Independent Contractor Rule on Chopping Block
WASHINGTON, March 4 -- The Small Business Administration's Office of Advocacy issued the following news release:
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Labor Department's 2024 Independent Contractor Rule on Chopping Block
The Office of Advocacy, the independent voice for small business within the executive branch, applauds the U.S. Department of Labor (DOL) for proposing a rule to rescind the Biden-era independent contractor regulation, paving the path for flexibility in hiring freelancers and gig workers. If enacted, the Labor Department's proposed rule is estimated to save U.S. small businesses $2.31 billion over the coming
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WASHINGTON, March 4 -- The Small Business Administration's Office of Advocacy issued the following news release:
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Labor Department's 2024 Independent Contractor Rule on Chopping Block
The Office of Advocacy, the independent voice for small business within the executive branch, applauds the U.S. Department of Labor (DOL) for proposing a rule to rescind the Biden-era independent contractor regulation, paving the path for flexibility in hiring freelancers and gig workers. If enacted, the Labor Department's proposed rule is estimated to save U.S. small businesses $2.31 billion over the coming10-year period (discounting at 7%), amounting to $329 million in annualized cost savings.
The 2024 DOL independent contractor rule used a six-factor test that frequently categorized independent contractors as employees, paving the way for more paperwork and expenses in addition to higher legal risks.
DOL's proposed rule instead concentrates on economic dependence and specifically on two fundamental factors:
1. Control over work: Does the worker decide how, when, and for whom they work?
2. Chance to make profits: Can the worker earn extra money or lose money depending on how they manage their work, make business choices, or spend their own money?
If the two factors suggest that the worker is either an employee or an independent contractor, there is a substantial likelihood that it is the accurate classification for the worker. Additionally, the DOL's proposed rule considers skill, how long the work lasts, and whether the work is part of a bigger production team.
"Small businesses throughout the U.S. have shared with Advocacy that the Biden Administration's independent contractor rule has amounted to uncertainty, more paperwork, more expenses, and more headaches," said Dr. Casey B. Mulligan, Chief Counsel of Advocacy. "It is refreshing to see federal agencies listen to and take into account the voices of our nation's small businesses."
Advocacy created the "Most Wanted" reforms list as a result of hearing directly from thousands of small businesses about the regulatory burdens they face. The 2024 independent contractor rule is one of nine rules on Advocacy's "Most Wanted" reforms identified for rescission, withdrawal, or modification to lessen small businesses' regulatory burden. If implemented, the associated deregulatory actions could save small businesses over $150 billion in compliance costs. Learn more about the "Most Wanted" reforms list.
To submit a public comment on the Labor Department's proposed rule, visit federalregister.gov.
During the first year of the Trump 47 Administration, Advocacy worked with federal agencies to save small businesses $110 billion in regulatory costs. The office met with more than 12,000 small businesses in 48 states and launched the Red Tape Hotline to gather feedback from U.S. small businesses about regulatory burdens and share it with the White House, Congress, and federal agencies with the goal of slashing red tape. Learn more about Advocacy's other highlights in the First Year Report.
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Created by Congress in 1976, the Office of Advocacy of the U.S. Small Business Administration is an independent voice for small business within the executive branch. Appointed by the President and confirmed by the U.S. Senate, the Chief Counsel for Advocacy directs the office. The Chief Counsel advances the views, concerns, and interests of small business before Congress, the White House, federal agencies, federal courts, and state policymakers. Economic research, policy analyses, and small business outreach help identify issues of concern. Regional Advocates and an office in Washington, DC, support the Chief Counsel's efforts. For more information on the Office of Advocacy, visit advocacy.sba.gov or call (202) 205-6533.
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Original text here: https://advocacy.sba.gov/2026/03/03/labor-departments-2024-independent-contractor-rule-on-chopping-block/
National Gallery of Art: Sky Hopinka - Kicking the Clouds
WASHINGTON, March 4 -- The National Gallery of Art issued the following news release on March 3, 2026:
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Sky Hopinka: Kicking the Clouds
National Gallery of Art, Washington, April 11-December 6, 2026
Contemporary artist Sky Hopinka (enrolled member of the Ho-Chunk Nation of Wisconsin and a descendant of the Pechanga Band of Luiseno Indians of Southern California) creates work that encompasses moving images, sound, poetry, written text, and photography. The focused exhibition Sky Hopinka: Kicking the Clouds examines the powerful ties between language and landscape at the center of his practice.
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WASHINGTON, March 4 -- The National Gallery of Art issued the following news release on March 3, 2026:
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Sky Hopinka: Kicking the Clouds
National Gallery of Art, Washington, April 11-December 6, 2026
Contemporary artist Sky Hopinka (enrolled member of the Ho-Chunk Nation of Wisconsin and a descendant of the Pechanga Band of Luiseno Indians of Southern California) creates work that encompasses moving images, sound, poetry, written text, and photography. The focused exhibition Sky Hopinka: Kicking the Clouds examines the powerful ties between language and landscape at the center of his practice.His experimental approach layers words and images across media to expand conversations around what it means to be Native in the United States today.
The exhibition takes its title from Kicking the Clouds (2021), a captivating 15-minute film inspired by a rare audio recording of Hopinka's grandmother learning the Pechanga language from her mother, the artist's great-grandmother. Hopinka explores his family history within the context of the loss and revival of Native languages. Excerpts from the audiotape and from a more recent interview with his mother play over 16mm film footage taken in Whatcom County, Washington. Hopinka manipulates the color, sound, and speed of footage of social gatherings and landscapes while challenging the tradition of documentary filmmaking by overlaying subtitles and voiceovers that shift between English and Indigenous languages.
Hopinka's photographs in Kicking the Clouds move between shared history and personal memory, from landscapes of historic sites to quieter views of daily life. The artist intersects the photographs with text by etching poems and recollections onto the surface of the images. Four large-scale photographs from his Sunflower Series (2022-2023) reflect on the legacy of Cahokia and Dickson Mounds--Indigenous sites in Illinois that were excavated in the 20th century. In two photographs from the series Breathings (2020), Hopinka weaves more intimate thoughts, or "breaths," along the edges and around objects depicted within the works.
The installation also presents one of the artist's large-scale calligrams--words arranged to form a thematically related image. In Madison-Style Goose with Zig-Zag Wings (2018), Hopinka transforms text from an ethnographic study into the shape of a Ho-Chunk effigy mound. The striking piece underscores the importance of visual symbolism in Indigenous culture and points to the role written language has played in classifying Native lives. Together, the works on view demonstrate how Hopinka layers language--visual, written, and spoken--to present a nuanced understanding of place and the vitality of the contemporary Indigenous experience. By engaging multiple media and forms of communication, Hopinka also asks us to contemplate our own ties to home and cultural traditions.
Exhibition Organization and Support
The exhibition is organized by the National Gallery of Art, Washington.
The exhibition is made possible through support from Daniel W. Hamilton.
Exhibition Curator
This exhibition is curated by Andrea Nelson, associate curator of photographs, National Gallery of Art.
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Original text here: https://www.nga.gov/press/sky-hopinka-kicking-clouds
IDB Projects Latin America and Caribbean to Grow 2.1% in 2026, Amid Global Uncertainty and Persistent Challenges
WASHINGTON, March 4 (TNSrep) -- The Inter-American Development Bank issued the following news release:
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IDB Projects Latin America and Caribbean to Grow 2.1% in 2026, Amid Global Uncertainty and Persistent Challenges
Latin American and Caribbean economies are projected to grow by an average of 2.1% in 2026, broadly in line with its long-run average, according to the Inter-American Development Bank's (IDB) new macroeconomic report. The analysis underscores the resilience of the region's economies and finds that accelerating inclusive growth will demand sound macroeconomic frameworks and
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WASHINGTON, March 4 (TNSrep) -- The Inter-American Development Bank issued the following news release:
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IDB Projects Latin America and Caribbean to Grow 2.1% in 2026, Amid Global Uncertainty and Persistent Challenges
Latin American and Caribbean economies are projected to grow by an average of 2.1% in 2026, broadly in line with its long-run average, according to the Inter-American Development Bank's (IDB) new macroeconomic report. The analysis underscores the resilience of the region's economies and finds that accelerating inclusive growth will demand sound macroeconomic frameworks andbold structural reforms, alongside efforts to harness opportunities in technology and commodities, amid growing global risks.
The projection reflects a gradual slowdown compared to the region's 2.2% growth in 2025.
According to "Resilience and Growth Prospects in a Shifting Global Economy" (https://publications.iadb.org/en/2026-latin-american-and-caribbean-macroeconomic-report-resilience-and-growth-prospects-shifting), labor markets in the region have sustained low unemployment, inflation has been largely contained, and investor confidence has improved, as reflected in historically low borrowing costs, with the median sovereign spread falling to 209 basis points at the end of 2025, down from 268 in 2019.
Despite these gains, growth remains insufficient to close income gaps, public-debt levels are high, and higher interest payments are placing increasing pressure on public finances and external accounts.
"Latin America and the Caribbean navigated global uncertainty with resilience, supported by fiscal and monetary frameworks that have helped contain inflation and sustain macroeconomic stability," said Laura Alfaro Maykall, IDB chief economist and economic counselor. "Looking ahead, countries have to accelerate productivity-led growth, strengthen public finances, and seize new opportunities from digitalization, artificial intelligence, and the energy to raise living standards and build more resilient and inclusive economies."
Opportunities in critical minerals
The region is uniquely positioned to turn rapid technological advances and global energy needs into engines of growth, the report underscores. Both trends rely heavily on critical minerals, which the region holds in abundance. A striking example is lithium; global demand is projected to rise between 470% and 800% by 2050. With roughly half of global lithium resources, about 35% of global copper reserves, and more than 20% of rare-earth reserves, the region is well positioned to become a strategic supplier in the value chains of the future.
The report cautions, however, that natural wealth does not guarantee lasting development. Capturing the opportunity in critical minerals will require stronger institutions, predictable rules, diverse and reliable energy, robust environmental governance, and disciplined fiscal frameworks.
Improvement in labor market conditions
Labor-market conditions improved markedly in 2025, with unemployment rates falling in most countries between June 2024 and June 2025, and joblessness nearing its lowest levels in recent years. While women's participation in the labor force has surged, growth remains constrained by modest productivity gains and demographic shifts that are slowing the expansion of the working-age population.
As a result, sustaining growth will increasingly depend on productivity gains and upgrading skills. Expanding access to digital training and supporting workers' transitions into higher-productivity occupations will be essential as labor markets evolve. The report highlights skills related to artificial intelligence as the fastest-growing in the region, with job postings referencing AI rising sharply by mid-2025, to 7% of total vacancies.
Fiscal policy is entering a challenging phase, requiring urgent strengthening of fundamentals. Public debt remains above pre-2020 benchmarks, interest payments are rising, and fiscal consolidation has weakened. Average public debt in the region stands at 59% of GDP, with projections ranging between 57% and 66% of GDP by 2028 under baseline and stress scenarios. Among policy actions, the report highlights the potential of digitalization to boost tax collection when paired with credible enforcement strategies.
While inflation has largely returned to target across much of the region, higher global interest rates, shifting expectations, and the growing use of digital and foreign-currency assets are reshaping the monetary-policy landscape. The report emphasizes the importance of reaching a neutral monetary stance -- neither stimulating nor restraining economic activity -- while developing flexible tools to absorb external shocks.
The report concludes that policies promoting stronger competition, improved skills formation, deeper regional integration, and the development of more sophisticated regional value chains can significantly boost productivity -- and should remain at the center of Latin America and the Caribbean's policy agendas.
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About the IDB
The Inter-American Development Bank (IDB), a member of the IDB Group, is devoted to improving lives across Latin America and the Caribbean. Founded in 1959, the Bank works with the region's public sector to design and enable impactful, innovative solutions for sustainable and inclusive development. Leveraging financing, technical expertise, and knowledge, it promotes growth and well-being in 26 countries. Visit our website: https://www.iadb.org/en.
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Original text here: https://www.iadb.org/en/news/idb-projects-latin-america-and-caribbean-grow-21-2026-amid-global-uncertainty-and-persistent
First Exhibition to Explore Photography's Relationship With Resource Extraction Opening at the National Gallery of Art
WASHINGTON, March 3 -- The National Gallery of Art issued the following news release:
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First Exhibition to Explore Photography's Relationship with Resource Extraction Opening at the National Gallery of Art
Beneath the Surface to feature some 150 photographs by 100 artists spanning 185 years of society and industry in the United States
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The National Gallery of Art presents Beneath the Surface: Mining and American Photography, the first exhibition to exclusively examine the relationship between resource extraction and American photography throughout its history. Spanning nearly 200 years,
... Show Full Article
WASHINGTON, March 3 -- The National Gallery of Art issued the following news release:
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First Exhibition to Explore Photography's Relationship with Resource Extraction Opening at the National Gallery of Art
Beneath the Surface to feature some 150 photographs by 100 artists spanning 185 years of society and industry in the United States
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The National Gallery of Art presents Beneath the Surface: Mining and American Photography, the first exhibition to exclusively examine the relationship between resource extraction and American photography throughout its history. Spanning nearly 200 years,the exhibition examines how photographers have approached the challenge of capturing the significant but often hidden processes and impacts of the extraction of minerals, coal, and fossil fuels and its associated industries.
Featuring 150 photographs by more than 100 artists, including Richard Avedon, Walker Evans, Lewis Hine, LaToya Ruby Frazier, Dorothea Lange, David Maisel, Gordon Parks, Mitch Epstein, Carleton Watkins, Will Wilson, and more, Beneath the Surface reveals how generations of photographers have utilized evolving technologies and distinctive visual strategies to document the industries that power and shape modern life. Beneath the Surface will be on view at the National Gallery of Art from May 23 to August 23, 2026, before traveling to the Milwaukee Art Museum in Wisconsin and the Amon Carter Museum of American Art in Fort Worth, Texas.
"As a defining visual medium of our modern age, photography is an essential tool to capture and communicate our shared history," said Kaywin Feldman, director of the National Gallery of Art. "Beneath the Surface bring together a dynamic range of works to shed light on the medium's intersections with a shaping force in American history and industry."
The featured works, many of which are drawn from the National Gallery's significant photography collection, span early daguerreotypes from the time of the California Gold Rush in the mid-1800s to pictures of rapid industrialization in the 20th century and contemporary photographs produced at an immense scale. This expansive selection traces the layered history of extraction and how artists have used photography as a lens through which to communicate the industry's relationship with society and the natural world.
"Photography itself is dependent on precious metals for its very existence, from the light sensitivity of silver in early processes to the copper of contemporary digital-camera batteries. At the same time, it has been the principal visual medium employed to depict extractive industries, evolving alongside the expansion of mining on an industrial scale since the 19th century," said Diane Waggoner, co-curator of the exhibition and curator of photographs at the National Gallery of Art. "Beneath the Surface unites photographs made for a variety of purposes, from explicitly promotional and commercial uses to documentation efforts and socially engaged activism, shedding light on both the rewards and costs of resource extraction."
The exhibition orients visitors with an introductory gallery displaying contemporary work, foregrounding themes relevant to the current moment and providing a critical framework for understanding the six broad, chronological sections that follow. Viewers will encounter works not only by historical photographers recognized for their work in capturing mining, drilling, and industrial subjects, such as Carleton Watkins, Margaret Bourke-White, Marion Post Wolcott, and Bernd and Hilla Becher, but also by less expected practitioners Florence Kemmler, Alma Lavenson, and Mary Morris. The exhibition includes works by contemporary photographers Edward Burtynsky, Binh Danh, Terry Evans, Victoria Sambunaris, and Cara Romero, among others.
"For almost two centuries photographers have played a central role in public understanding of resource extraction, drawing on a succession of technologies and strategies to capture activities that enable modern life but resist portrayal," said Kristen Gaylord, co-curator of the exhibition and Herzfeld Curator of Photography and Media Arts at Milwaukee Art Museum. "This exhibition demonstrates how, time and again, photographers have creatively pushed against the medium's boundaries in a quest to impart the enormity of the country's extractive activities and their effects."
Beneath the Surface centers on the challenges artists face in capturing the colossal scale of extraction and its far-reaching impacts on communities and the environment. It also reveals the inventive strategies they have employed to depict this subject. The works on view reflect the full breadth of the medium, spanning landscapes, portraits of workers and panoramas of affected communities, photobooks, aerial imagery, analog and digital collage, camera-less photography, historical processes, narrative and performance work, and pictures that otherwise harness photography to communicate the scope of these industries.
Exhibition Tour
National Gallery of Art, Washington, May 23-August 23, 2026
Milwaukee Art Museum, October 23, 2026-January 18, 2027
Amon Carter Museum of American Art, February 14-May 9, 2027
Exhibition Organization and Support
The exhibition is organized by the National Gallery of Art in collaboration with the Milwaukee Art Museum and the Amon Carter Museum of American Art.
Major support for the exhibition has been provided by the Center for Contemporary Documentation.
The exhibition is also made possible through the leadership support of the Trellis Charitable Fund.
Additional support for this exhibition was provided by Nion McEvoy and Leslie Berriman.
Exhibition Curators
This exhibition is curated by Diane Waggoner, acting head and curator of photographs, National Gallery of Art, and Kristen Gaylord, Herzfeld Curator of Photography and Media Arts, Milwaukee Art Museum.
About the National Gallery of Art
The National Gallery of Art welcomes all people to explore art, creativity, and our shared humanity. Millions of people come through its doors each year--with even more online--making it one of the most visited art museums in the world. The National Gallery's renowned collection includes over 160,000 works of art, from the ancient world to today. Admission to the West and East Buildings, Sculpture Garden, special exhibitions, and public programs is always free.
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Beneath the Surface: Mining and American Photography
National Gallery of Art, Washington, May 23-August 23, 2026
Milwaukee Art Museum, October 23, 2026-January 17, 2027
Amon Carter Museum of American Art, February 14-May 9, 2027
Dependent on precious metals from its inception, photography has always been intertwined with the natural resources that are fundamental to modern industrialized life. Beneath the Surface: Mining and American Photography is the first exhibition to exclusively examine how photographers from the mid-19th century to today have powerfully captured the effects of resource extraction on the land and communities of the United States. Featuring some 150 photographs that span 185 years, this exhibition focuses especially on the subterranean removal of the minerals and fossil fuels that power this country's economy and industry. Together, these works demonstrate how photographers have drawn on changing technology and unique visual strategies to rise to the challenge of picturing these colossal industries.
Made for a variety of purposes, ranging from commercial boosterism and celebration of technical advancement to social documentation and community activism, the pictures in the exhibition shed light on how photography has revealed the costs of extraction and who benefits from its success. Divided into six broad, chronological sections that contextualize the complex history of photography and extraction, from daguerreotypes of the Gold Rush to large-scale, immersive photographs made in the last decade, Beneath the Surface highlights how artists have used photography to explore the relationship between extraction, society, and the environment.
This exhibition is curated by Diane Waggoner, curator of photographs, National Gallery of Art, and Kristen Gaylord, Herzfeld Curator of Photography and Media Arts, Milwaukee Art Museum.
The exhibition is organized by the National Gallery of Art, in collaboration with the Milwaukee Art Museum and the Amon Carter Museum of American Art.
Major support for the exhibition has been provided by the Center for Contemporary Documentation.
The exhibition is also made possible through the leadership support of the Trellis Charitable Fund.
Additional support for this exhibition was provided by Nion McEvoy and Leslie Berriman.
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Original text here: https://www.nga.gov/press/first-exhibition-explore-photographys-relationship-resource-extraction-opening-national-gallery-art
EXIM Chairman Jovanovic: America's Re-Industrialization Is "The Challenge and Opportunity of Our Generation"
WASHINGTON, March 3 -- The Export-Import Bank of the U.S. issued the following news release:
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EXIM Chairman Jovanovic: America's Re-Industrialization Is "The Challenge and Opportunity of Our Generation"
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WASHINGTON, D.C. - President and Chairman of the Export-Import Bank of the United States (EXIM) John Jovanovic and Chief Executive Officer of the U.S. International Development Finance Corporation (DFC) Ben Black participated in a fireside chat at the Milken Institute's Future of Finance 2026 today, joining leaders from finance and policy to examine how public finance tools can reinforce
... Show Full Article
WASHINGTON, March 3 -- The Export-Import Bank of the U.S. issued the following news release:
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EXIM Chairman Jovanovic: America's Re-Industrialization Is "The Challenge and Opportunity of Our Generation"
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WASHINGTON, D.C. - President and Chairman of the Export-Import Bank of the United States (EXIM) John Jovanovic and Chief Executive Officer of the U.S. International Development Finance Corporation (DFC) Ben Black participated in a fireside chat at the Milken Institute's Future of Finance 2026 today, joining leaders from finance and policy to examine how public finance tools can reinforceU.S. competitiveness and unlock private investment.
The session, titled "The Next Chapter of U.S. Economic Statecraft," examined EXIM's role in putting American exporters first, securing supply chains, advancing reauthorization, and mobilizing private sector capital.
Chairman Jovanovic made clear that EXIM is a frontline economic tool to revitalize American industry, strengthen our supply chains, and ensure American workers and exporters can compete around the world.
"The fundamental objective, and the challenge and opportunity of our generation, is to not just revitalize, but re-industrialize America's economy," said Chairman Jovanovic on stage. "Not just for our benefit, but for the benefit of our strategic allies around the world, to usher in the revitalization of the American dream."
ABOUT EXIM:
As the United States government's official export credit agency, the Export-Import Bank of the United States (EXIM) supports American jobs by facilitating U.S. exports. As an independent agency, EXIM plays a critical role in supporting economic growth, securing critical supply chains, and ensuring American businesses are given a fighting chance. To achieve this mission, EXIM offers financing including export credit insurance, working capital guarantees, loan guarantees, and direct loans. Learn more at www.exim.gov.
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Original text here: https://www.exim.gov/news/exim-chairman-jovanovic-americas-re-industrialization-challenge-and-opportunity-our-generation
Colombia to Strengthen Its Territorial Legal Defense With IDB Support
WASHINGTON, March 3 -- The Inter-American Development Bank issued the following news release:
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Colombia to Strengthen its Territorial Legal Defense with IDB Support
The Executive Board of the Inter-American Development Bank (IDB) approved a Specific Investment Loan of up to $20 million to finance the Program to Strengthen the Legal Defense of the State at the Territorial Level in Colombia.
The program aims to improve the effectiveness of the State's legal defense at both the national and subnational levels by strengthening institutional capacities and advancing the digital transformation
... Show Full Article
WASHINGTON, March 3 -- The Inter-American Development Bank issued the following news release:
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Colombia to Strengthen its Territorial Legal Defense with IDB Support
The Executive Board of the Inter-American Development Bank (IDB) approved a Specific Investment Loan of up to $20 million to finance the Program to Strengthen the Legal Defense of the State at the Territorial Level in Colombia.
The program aims to improve the effectiveness of the State's legal defense at both the national and subnational levels by strengthening institutional capacities and advancing the digital transformationof the National Agency for the Legal Defense of the State (ANDJE). These efforts are expected to reduce fiscal vulnerability arising from claims related to unlawful damage, increase the State's success rate in litigation, and lower the amounts payable as result of adverse rulings.
The operation will finance two main components:
* Strengthening and implementation of the State Legal Defense System with a territorial focus, including technical support to subnational entities and the promotion of unlawful damage prevention.
* Strengthening ANDJE's digital management, through the expansion of eKogui--an intelligent system for managing litigation information--and improvements in cybersecurity.
The loan will have a 19-year amortization period, a 5.5-year grace period, and an interest rate based on SOFR.
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About the IDB
The Inter-American Development Bank (IDB), a member of the IDB Group, is devoted to improving lives across Latin America and the Caribbean. Founded in 1959, the Bank works with the region's public sector to design and enable impactful, innovative solutions for sustainable and inclusive development. Leveraging financing, technical expertise, and knowledge, it promotes growth and well-being in 26 countries. Visit our website: https://www.iadb.org/en.
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Original text here: https://www.iadb.org/en/news/colombia-strengthen-its-territorial-legal-defense-idb-support
