Fiscal Management Modernization Program of the Ministry of Finance - PROFISCO III MF
The general development objective is to contribute to the fiscal sustainability of the Federal Government (GF), through the specific development objectives of: (i) improving the effectiveness of revenue management and (ii) improving the effectiveness of public expenditure management.

Project Detail

Country

Brazil

Project Number

BR-L1658

Approval Date

December 10, 2025

Project Status

Implementation

Project Type

Loan Operation

Sector

REFORM / MODERNIZATION OF THE STATE

Subsector

REVENUE ADMINISTRATION

Lending Instrument

Investment Loan

Lending Instrument Code

INV

Modality

ESP (Specific Investment Operation)

Facility Type

-

Environmental and Social Impact Category (ESIC)

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

Total Cost

USD 305,800,000.00

Country Counterpart Financing

USD 27,800,000.00

Original Amount Approved

USD 278,000,000.00
Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
6120/OC-BR Sovereign Guaranteed USD - United States Dollar Ordinary Capital Flexible Financing Facility
Operation Number 6120/OC-BR
  • Lending Type: Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Ordinary Capital
  • Financial Instrument: Flexible Financing Facility

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 Implementation Phase
https://www.iadb.org/document.cfm?id=EZIDB0000366-965128629-50914
Loan Contract
Fiscal Management Modernization Program of the Ministry of Finance – PROFISCO III - BR-L1658.pdf
Dec. 19, 2025
English
https://www.iadb.org/document.cfm?id=EZIDB0000366-965128629-50915
Loan Contract
Programa de Modernización de la Gestión Fiscal del Ministerio de Hacienda – PROFISCO III MF- BR-L1658.pdf
Dec. 19, 2025
Spanish
https://www.iadb.org/document.cfm?id=EZIDB0003324-781998230-63
Loan Proposal
Brazil. Individual loan proposal for the _Fiscal Management Modernization Program of the Ministry of Finance - PROFISCO III MF”.pdf
Dec. 01, 2025
English
https://www.iadb.org/document.cfm?id=EZIDB0003324-781998230-64
Loan Proposal
Brasil. Propuesta de prestamo individual para el_Programa de Modernizacion de la Gestion Fiscal del Ministerio de Hacienda - PROFISCO III MF”.pdf
Dec. 01, 2025
Spanish
 Other Documents
https://www.iadb.org/document.cfm?id=EZIDB0003324-781998230-41
Electronic Links
BR-L1658 - Asistencia tecnica del BID en materia fiscal en Brasil.docx
Dec. 05, 2025
Spanish
 Preparation Phase
https://www.iadb.org/document.cfm?id=EZIDB0003324-781998230-20
Project Profile
BR-L1658- PP Publicacion.pdf
Oct. 08, 2025
Spanish

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