According to the bank, the objective of this programmatic series is to support the adoption of policy measures conducive to a reduction in extreme poverty among households in Honduras, through the design and implementation of policies to improve the financial sustainability and efficiency of redistributive social protection spending, with an emphasis on human capital formation for children and adolescents, consolidation of the basic social welfare service offerings in health and education as a complement to redistributive programs, and strengthening of governance in information management and coordination capacity in the social sector. The objective of this second operation is to support the implementation of legal instruments approved during the first operation, thereby contributing to the objectives of the series. This operation was designed as a programmatic policy-based loan (PBP) and is the second of a series of two individual operations
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).