The main objective is to provide technical support to the Ministry of Finance in the comprehensive review of public spending, public employment and strengthening the implementation of electronic invoicing. The Government of Costa Rica has been making efforts to correct its fiscal imbalance. Specifically, the country has completed the approval process of a fiscal reform that includes measures for both the revenue side (changes in VAT and Income Tax) and the expenditure side (more control in wage bill and earmarked expenditure), as well as the implementation of an expenditure fiscal rule. The IMF estimates a return of around 4 percentage points of GDP (2023-2018) as a result of this policies. As a continuation of the efforts to stabilize public finances, the government requires support in the review of the expenditure and the implementation of the Electronic Invoice, specifically the tax risk analysis derived from this tool. The specific objectives are: (i) formulate, in coordination with the General Directorate of Taxation, the design and application of a methodology for tax risk analysis with the Electronic Invoice databases; (ii) support the implementation of the reform in public employment through occupational and market studies; (iii) determine the design of an institutional reengineering, in accordance with the implementation of a Zero-Based Budgeting (ZBB) for the public sector.

Project Detail

Country

Costa Rica

Project Number

CR-T1207

Approval Date

September 12, 2019

Project Status

Closed

Project Type

Technical Cooperation

Sector

REFORM / MODERNIZATION OF THE STATE

Subsector

FISCAL POLICY FOR SUSTAINABILITY AND GROWTH

Lending Instrument

-

Lending Instrument Code

-

Modality

-

Facility Type

-

Environmental Classification

Likely to cause minimal or no negative environmental and associated social impacts

Total Cost

USD 150,000.00

Country Counterpart Financing

USD 0.00

Original Amount Approved

USD 150,000.00
Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
ATN/OC-17557-CR Sovereign Guaranteed USD - United States Dollar Ordinary Capital Nonreimbursable
Operation Number ATN/OC-17557-CR
  • Lending Type: Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Ordinary Capital
  • Financial Instrument: Nonreimbursable

Can’t find a document? Request information

 Implementation Phase
https://www.iadb.org/document.cfm?id=EZSHARE-1375635338-32663
Notice of Contract Award (SG)
CR-T1207_C907180_AW.pdf
Jan. 19, 2022
Spanish
 Preparation Phase
https://www.iadb.org/document.cfm?id=EZSHARE-220279055-6
TC Abstract
CR-T1207 - Resumen de Cooperación Técnica.pdf
Jul. 24, 2019
Spanish

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