The general objective is to reduce the tax burden on the State arising from its ownership of State-owned enterprises (SOEs). The specific objectives are to: (i) increase the number of SOEs that adhere to the corporate governance principles of the Organisation for Economic Co-operation and Development (OECD), including fiscal governance comparable to that of the private sector; and (ii) increase the efficiency of SOEs in the oil and gas, electricity, and aviation sectors.
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).