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Fiscal Management Modernization Project for the State of Pernambuco – PROFISCO - III PE.

The overall development objective is to contribute to the fiscal sustainability of the State of Pernambuco (PE) 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-L1674

Approval Date

-

Project Status

Preparation

Project Type

Loan Operation

Sector

REFORM / MODERNIZATION OF THE STATE

Subsector

SUBNATIONAL AND LOCAL GOVERNMENTS

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 102,500,000.00

Country Counterpart Financing

USD 10,250,000.00

Original Amount Approved

USD 92,250,000.00

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