Peru OECD (IFC-601330)

Countries
  • Peru
Where the impacts of the investment may be experienced.
Financial Institutions
  • International Finance Corporation (IFC)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Active
Bank Risk Rating
U
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Voting Date
Apr 3, 2016
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Borrower
Government of Peru
The holder of the loan, grant, or other investment.
Sectors
  • Industry and Trade
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Advisory Services
The categories of the bank investment: loan, grant, etc.
Project Cost (USD)
$ 0.62 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Primary Source

Original disclosure @ IFC website

Updated in EWS Mar 15, 2019

Disclosed by Bank Feb 7, 2019


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Project Description

The project plans to support to the Government of Peru (GoP) in its engagement with the OECD and the implementation of business environment improvements based on international best practices. In particular, the project will leverage the OECD Country Program in Peru to focus on contributing to both the diagnostic activities, as well as implementation of short term recommendations. For longer term reforms, other projects should follow.

The work will concentrate mainly in five technical areas, which were defined in consultation with the Government and the OECD:

1. Innovation. The project will support a better approach to targeting innovation policies by establishing a methodology to analyze the quality and impact of public support to innovation.

2. Statistics. The project will support the ongoing OECD Statistics Policy Review, and bring experiences from countries that have accessed OECD to the Peru context.

3. Environmental management. The project aims at generating domestic knowledge on how to adapt policy, laws and reform sequencing when adopting OECD environmental standards.

4. Probity and Integrity. The project aims at contributing through drafting manuals based on international best practice and capacity building, for the application of anti-bribery instruments, institutions and practices.

5. International Taxation. The project facilitates the participation of Peru in a global initiative to prevent base erosion and profit shifting.

The project is implemented in close coordination with the World Bank, who is supporting the strengthening of the strategic positioning of Peru with the OECD, including the institutional set up to coordinate with the OECD, and Peru position vis a vis OECD members.

Investment Description
  • International Finance Corporation (IFC)
Contact Information

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