Fiscal Policy based on evidence and use of ?smart data? for the enhancement of equity and efficiency (IADB-RG-T3001)

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
Aug 11, 2017
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)
$ 0.40 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)
$ 0.40 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 Sep 18, 2017

Disclosed by Bank Aug 15, 2017


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Project Description
IDB: REFORM / MODERNIZATION OF THE STATE-FISCAL POLICY FOR SUSTAINABILITY AND GROWTH "The purpose of this Technical Cooperation (TC) is to support improvements in the management, transparency, and design of fiscal policies in countries of the region, by prioritizing spending needs, improving tax structure and collection, and Strengthening the efficiency, equity and sustainability of public finances. Specifically, it aims to: (i) support and strengthen evidence-based policy formulation (EBP) to achieve greater efficiency and equity in fiscal policy (eg: (a) improve targeting of public expenditure and tax efficiency through modernization Of integrated fiscal and social information systems ("Digital and Smart Data"), allowing the crossing of administrative and registry information, and (b) improving strategic planning of public expenditure using social rates of return and impact assessments); (ii) implement Results Based Budgets (PbR), Medium Term Fiscal Frameworks (MPMPs), Medium Term Expenditure Frameworks (MGMPs) and other strategic public expenditure planning tools, identifying good regional and international practices, in particular those of the Republic of Korea; And (iii) promote dialogue with governments and organizations and disseminate knowledge and public policy recommendations."
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).