Modernization of Public Financial Management Systems in Mexico (WB-P169959)

Countries
  • Mexico
Where the impacts of the investment may be experienced.
Financial Institutions
  • World Bank (WB)
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
Oct 31, 2019
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 Mexico
The holder of the loan, grant, or other investment.
Sectors
  • Finance
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Loan
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 100.00 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)
$ 100.00 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 @ WB website

Updated in EWS Apr 2, 2020

Disclosed by Bank Jun 4, 2019


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Project Description

The proposed Project aims to expand the coverage and strengthen the coverage, quality, timeliness, transparency and use of the public financial information in Mexico through the strengthening of the integrated management of three key areas linked to the expenditure cycle: (1) the consolidation of integrated public financial management methods and practices within core financial management functions; (2) the strengthening and integration of decentralized administrative functions; and (3) the strengthening of the national public investment management system. 

Investment Description
  • World Bank (WB)
Contact Information

World Bank Alberto Leyton, Henry Forero Ramirez: Lead Public Sector Specialist

Implementing Agencies Ministry of Finance and Public Credit: Gabriel Yorio, Titular de la Unidad de Crédito Público, Subsecretaría de Ha gabriel_yorio@hacienda.gob.mx

ACCOUNTABILITY MECHANISM OF WORLD BANK

The World Bank Inspection Panel is the independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by a World Bank-financed project. If you submit a complaint to the Inspection Panel, they may investigate to assess whether the World Bank is following its own policies and procedures for preventing harm to people or the environment. You can contact the Inspection Panel or submit a complaint by emailing ipanel@worldbank.org. You can learn more about the Inspection Panel and how to file a complaint at: http://ewebapps.worldbank.org/apps/ip/Pages/Home.aspx.