Institutional Strengthening for States and Municipalities Fiscal Responsibility (IADB-ME-T1372)

Countries
  • Mexico
Where the impacts of the investment may be experienced.
Financial Institutions
  • Inter-American Development Bank (IADB)
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
C
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 18, 2018
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.
Sectors
  • Law and Government
  • Technical Cooperation
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Grant
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 0.25 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Grant Amount (USD)
$ 0.25 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Project Cost (USD)
$ 0.25 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 @ IADB website

Updated in EWS Jul 3, 2018


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Project Description

According to the Inter-American Development Bank, the objective of this project is to strengthen the fiduciary systems of the Ministry of Finance and the institutional capacities of the Federal Government of Mexico as well as sub-national governments to ensure proper implementation of the Fiscal Discipline Law of Federative Entities and Municipalities. 

The project will be composed of three components to accomplish these goals:

  1. the development and implementation of a computer module for the Alert System which will faciliate the collection and processing of the information required by the the System. It will allso help with the development and implementation of a platform for the elaboration of medium-term fiscal projections and analysis of debt sustainability
  2. the training of sub-national government officials in the Fiscal Discipline Law of Federative Entities and Municipalities.
  3. the generation of evidence on the effectiveness of the Fiscal Discipline Law of Federative Entities and Municipalities in order to develop recommendations to strengthen the current legislation. 
Investment Description
  • Inter-American Development Bank (IADB)
Contact Information

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).