The objective of this Technical Cooperation (TC) is to strengthen the institutional capacity to enhance financial and fiscal discipline of State-owned Enterprises (SOEs) in Latin America and the Caribbean (LAC) in ways to improve their management efficiency and financial soundness. This will be achieved by conducting an assessment of current practices of SOEs' planning and execution and their impact on the fiscal sustainability of the LAC countries (both in terms of quality of expenditure and the public financial management (PFM)). The TC will concentrate in the following areas: (i) investment and financing mechanisms, (ii) government transfers and subsidies, (iii) taxation rules and exemptions, (iv) payroll and pension schemes, and (v) transparency and risk management instruments.
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).