The general objective of the program is to support the authorities' efforts to achieve a sustainable fiscal path and higher economic growth. This will be done through: (i) strengthening the tax system through the introduction of the VAT and the reduction of tax distortions which hinder private investment, employment and competitiveness; (ii) enhancing the programming and execution of budgetary expenditure; (iii) improving the macro-fiscal institutional and policy framework; and (iv) strengthening the fiscal framework of the State-Owned Enterprises.
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).