Program to Promote Fiscal Sustainability and Enhance the Effectiveness of Public Expenditure in the Município of Recife

The general development objective of the program is to contribute to achieving fiscal balance in the Municipality of Recife. The specific development objectives are: (i) increase the effectiveness of tax collection; and (ii) increase the efficiency of public spending.

Project Detail

Country

Brazil

Project Number

BR-L1575

Approval Date

November 2, 2022

Project Status

Closed

Project Type

Loan Operation

Sector

REFORM / MODERNIZATION OF THE STATE

Subsector

FISCAL POLICY FOR SUSTAINABILITY AND GROWTH

Lending Instrument

Préstamo de Apoyo a Reformas de Política

Lending Instrument Code

PBL

Modality

PBL (Policy Based Loan)

Facility Type

Environmental and Social Impact Category (ESIC)

Total Cost

USD 104,000,000.00

Country Counterpart Financing

USD 0.00

Original Amount Approved

USD 104,000,000.00

Financial Information

Operation Number	Lending Type	Reporting Currency	Reporting Date	Signed Date	Fund	Financial Instrument
5636/OC-BR	Sovereign Guaranteed	USD - United States Dollar	Jan. 17, 2025	May. 15, 2023	Ordinary Capital	Flexible Financing Facility

Operation Number

5636/OC-BR

Lending Type: Sovereign Guaranteed
Reporting Currency: USD - United States Dollar
Reporting Date: Jan. 17, 2025
Signed Date: May. 15, 2023
Fund: Ordinary Capital
Financial Instrument: Flexible Financing Facility

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Implementation Phase

https://www.iadb.org/document.cfm?id=EZIDB0000138-322280398-18

Tranche Release Reports

PR-5034-3 . Informe Cumplimiento de Condiciones Cuarto Tramo Aprobado.pdf

Dec. 04, 2024

Spanish

https://www.iadb.org/document.cfm?id=EZIDB0000578-522669563-44863

Project Monitoring Report ( Public version)

BR-L1575 Second period Jan-Dec 2023 - Public Report.PDF

Jul. 02, 2024

English

https://www.iadb.org/document.cfm?id=EZIDB0000138-63103363-92

Tranche Release Reports

BR-L1575 Informe Tercer Desembolso 7MAY24VF.pdf

May. 30, 2024

English

https://www.iadb.org/document.cfm?id=EZIDB0000578-522669563-44195

Project Monitoring Report ( Public version)

BR-L1575 First period Jan-Jun 2023 - Public Report.PDF

Jan. 26, 2024

English

https://www.iadb.org/document.cfm?id=EZIDB0000138-63103363-71

Tranche Release Reports

BR-L1575. Informe de Desembolso Segundo Tramo.pdf

Oct. 26, 2023

Spanish

https://www.iadb.org/document.cfm?id=EZIDB0000578-522669563-43512

Project Monitoring Report ( Public version)

BR-L1575 Second period Jan-Dec 2022 - Public Report.PDF

Jul. 20, 2023

English

https://www.iadb.org/document.cfm?id=EZIDB0000366-2056220512-9366

Loan Contract

Ato Protocolar - Programa para Promocño da Sustentabilidade Fiscal e Melhoria da Efetividade do Gasto Público do Município do Recife - BR-L1575.pdf

Jun. 01, 2023

Portuguese

https://www.iadb.org/document.cfm?id=EZIDB0000366-2056220512-9354

Loan Contract

Contrato de Empréstimo e Garantia No. 5636-OC-BR - Programa para Promoção da Sustentabilidade Fiscal do Município do Recife- BR-L1575.pdf

May. 23, 2023

Portuguese

https://www.iadb.org/document.cfm?id=EZSHARE-965128629-49595

Loan Contract

Programa de Promoción de la Sostenibilidad Fiscal y Mejoría de la Efectividad del Gasto Público del Municipio de Recife.pdf

Nov. 07, 2022

Spanish

https://www.iadb.org/document.cfm?id=EZSHARE-965128629-49594

Loan Contract

Program to Promote Fiscal Sustainability and Enhance the Effectiveness of Public Expenditure in the Município of Recife.pdf

Nov. 07, 2022

English

https://www.iadb.org/document.cfm?id=EZSHARE-63103363-49

Loan Proposal

Brazil. Program to Promote Fiscal Sustainability and Enhance the Effectiveness of Public Expenditure in Recife.pdf

Oct. 19, 2022

English

https://www.iadb.org/document.cfm?id=EZSHARE-63103363-50

Loan Proposal

Brasil. Programa de Promocion de la Sostenibilidad Fiscal y Mejoria de la Efectividad del Gasto Publico del Municipio de Recife.pdf

Oct. 19, 2022

Spanish