The main objective of this project will be to improve the efficiency and transparency of public expenditure through support for the use of information in decision making and citizen oversight. The specific objectives will be: (i) to improve the efficiency of national public expenditure by generating timely, comprehensive information to improve the execution of priority programs; and (ii) to increase access to budget information at the subnational level by strengthening financial information systems.
The program will be financed witha specific investment loan in the amount of US$40million from the Bank’s Ordinary Capital resources. The disbursement period will be five years.
ACCOUNTABILITY MECHANISM OF IADB
The Independent Consultation and Investigation Mechanism (MICI) is the independent complaint mechanism and fact-finding body for people who have been or are likely to be adversely affected by an Inter-American Development Bank (IDB) or Inter-American Investment Corporation (IIC)-funded project. If you submit a complaint to MICI, they may assist you in addressing the problems you raised through a dispute-resolution process with those implementing the project and/or through an investigation to assess whether the IDB or IIC is following its own policies for preventing or mitigating harm to people or the environment. You can submit a complaint by sending an email to MICI@iadb.org. You can learn more about the MICI and how to file a complaint at http://www.iadb.org/en/mici/mici,1752.html (in English) or http://www.iadb.org/es/mici/mici,1752.html (Spanish).