HO-L1108 : Tax Administration Institutional and Operational Strengthening

Project Status
Implementation

The principal objective of the program is to improve tax revenue levels in order to create the fiscal space needed to finance priority expenditures. The program supports the Honduran government¿s decision to restructure tax and customs administration, for which purpose it is creating the SAR to replace the current DEI. This support will be provided through: (i) the revision and updating of taxation processes in accordance with the Honduran legal framework; (ii) modernization of the SAR¿s technological infrastructure and systems; and (iii) strengthening of the SAR¿s human resources.

PROJECT DETAIL

Project Number HO-L1108
Operation Number 3541/BL-HO
Country Honduras
Sector REFORM / MODERNIZATION OF THE STATE
Subsector REFORM / MODERNIZATION OF THE STATE-REVENUE ADMINISTRATION
Project Type Loan Operation
Environmental and Social Impact Category C
Project Status Implementation
Approval Date SEP 21, 2015
Contract Signature Date JAN 27, 2016
IDB Financing * 27.00

PROJECT INFORMATION

Total Cost H USD 40,000,000
Country Counterpart Financing USD 13,000,000
Financing Type Loan
Fund BLD
Reporting currency USD - United States Dollar
Reporting Date OCT 31, 2017
Undisbursed Amount H USD 23,344,830
Disbursed to Date R USD 3,655,170
Amount Outstanding R USD 3,655,170
Income Collected R USD 166,477
PORTFOLIO DETAILS
Key Value
H Historical
R Revalued

*For active and closed projects, the IDB financing at Board approval is shown in US$ millions. This does not reflect any cancellations. For projects in Preparation the amount shown is the Estimated IDB Financing. Approved projects shows either Estimated IDB Financing or Historic Approved amount. The IDB financing for projects in the pipeline is indicative and may be modified during the project preparatio

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Implementation

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