Early Warning System

Countries

Peru

Geographic location where the impacts of the investment may be experienced.

Financial Institutions

Development Bank of Latin America (CAF)

International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.

Project Status

Approved

Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.

Bank Risk Rating

Environmental and social categorization assessed by the development bank as a measure of the planned project’s environmental and social impacts. A higher risk rating may require more due diligence to limit or avoid harm to people and the environment. For example, "A" or "B" are risk categories where "A" represents the highest amount of risk. Results will include projects that specifically recorded a rating, all other projects are marked ‘U’ for "Undisclosed."

Borrower

Government of Peru

A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.

Sectors

Finance
Industry and Trade
Law and Government

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, guarantee, technical assistance, advisory services, equity and fund.

Loan Amount (USD)

$ 250.00 million

Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.

Investment Amount (USD)

Not Disclosed

Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.

Government Documents

Aprueban Operación de Endeudamiento Externo con la CAF DECRETO SUPREMO Nº 347-2018-EF

Primary Source

Original disclosure @ CAF website

Updated in EWS Jun 14, 2020

Disclosed by Bank Dec 4, 2018

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Project Description

If provided by the financial institution, the Early Warning System Team writes a short summary describing the purported development objective of the project and project components. Review the complete project documentation for a detailed description.

Respaldar la estrategia del Gobierno de la República del Perú para el mejoramiento en el nivel y estabilidad de los ingresos públicos, la consolidación de la sostenibilidad fiscal y el fomento de la inversión orientada al cierre de brechas de infraestructura social y productiva.

El proyecto contempla acciones y reformas de políticas públicas tendientes a promover el incremento en la productividad de la acción gubernamental, a través del mejoramiento de la capacidad del manejo macroeconómico y aumento de los ingresos fiscales, mediante la digitalización del sistema, combate a la evasión y elusión tributaria y fomento a la inversión. Se impulsará la digitalización del sistema tributario, el combate a la evasión y elusión tributaria, y el fomento a la inversión.

El Programa se enmarca en los principales lineamientos de política fiscal considerados en el Marco Macroeconómico Multianual 2019-2022, entre los que se destacan la sostenibilidad de las cuentas públicas, el incremento de los ingresos fiscales estructurales de largo plazo y el mejoramiento del proceso de gestión de la inversión pública para impulsar el crecimiento.

Contact Information

This section aims to support the local communities and local CSO to get to know which stakeholders are involved in a project with their roles and responsibilities. If available, there may be a complaint office for the respective bank which operates independently to receive and determine violations in policy and practice. Independent Accountability Mechanisms receive and respond to complaints. Most Independent Accountability Mechanisms offer two functions for addressing complaints: dispute resolution and compliance review.

Not available