WASHINGTON – The Inter-American Development Bank (IDB) has approved $46.7 million loan to Peru to improve and broaden the services of the country’s National Strategic Planning Center, which runs the National Strategic Planning System.
The program will build the Peruvian government’s capacity to plan, coordinate, and evaluate national, regional, and local public policy. It will fund improved strategic planning, multi-level and cross-sector governance, and enhanced data and information and communication technology management.
The operation aligns with the IDB Country Strategy with Peru 2022–2026 and will help fill knowledge gaps between system operators, make public policies more efficient, and encourage more civic engagement in designing development plans.
“This program is a milestone in the IDB’s support for public sector management. It will set an example for countries in the region to follow because of how strategic planning will add value to the government’s financial management, especially in public investment systems,” explained Juan Cruz Vieyra, Lead Specialist in Modernization of the State at the IDB.
The project will directly benefit Peruvian citizens, especially in municipalities that will receive goods and services under strategic plans. It will also build the capacities of multiple groups of civil servants: staff at the National Strategic Planning Center, planning officials at all three levels of government, and those running administrative systems at other government entities.
The project will broaden the reach of strategic plans designed using modernized methods. It will make public spending more efficient through coordinated planning with budget and investment systems, mainstream crosscutting approaches to planning instruments, and strengthen the National Strategic Planning Center’s technological infrastructure and data management capacities.
The project takes a territory-based and multidimensional approach to optimize governance, technical capabilities, procedures, and IT solutions for integration and interoperability with the Integrated Financial Administration System, as recommended by the Organization for Economic Co-operation and Development.
The loan is structured as a specific investment and has a 20-year repayment term and an eight-year grace period. A local partner contribution of $10.8 million brings the program's overall funding to $57.5 million.
About the IDB
The Inter-American Development Bank (IDB) is devoted to improving lives across Latin America and the Caribbean. Founded in 1959, the IDB works with the region’s public sector to design and enable impactful, innovative solutions for sustainable and inclusive development. Leveraging financing, technical expertise and knowledge, it promotes growth and well-being in 26 countries.
Recalde Rosero,Cristina
