Can’t find a document? Request Information

CR-T1207 : Support for Fiscal Institutionality

Project Status: Implementation

The main objective is to provide technical support to the Ministry of Finance in the comprehensive review of public spending, public employment and strengthening the implementation of electronic invoicing. The Government of Costa Rica has been making efforts to correct its fiscal imbalance. Specifically, the country has completed the approval process of a fiscal reform that includes measures for both the revenue side (changes in VAT and Income Tax) and the expenditure side (more control in wage bill and earmarked expenditure), as well as the implementation of an expenditure fiscal rule. The IMF estimates a return of around 4 percentage points of GDP (2023-2018) as a result of this policies. As a continuation of the efforts to stabilize public finances, the government requires support in the review of the expenditure and the implementation of the Electronic Invoice, specifically the tax risk analysis derived from this tool. The specific objectives are: (i) formulate, in coordination with the General Directorate of Taxation, the design and application of a methodology for tax risk analysis with the Electronic Invoice databases; (ii) support the implementation of the reform in public employment through occupational and market studies; (iii) determine the design of an institutional reengineering, in accordance with the implementation of a Zero-Based Budgeting (ZBB) for the public sector.

Project Detail

Project Number
CR-T1207
Approval date
September 12, 2019
Project Country
Costa Rica
Project Sector
REFORM / MODERNIZATION OF THE STATE
Project Subsector
FISCAL POLICY FOR SUSTAINABILITY AND GROWTH
Project Type
Technical Cooperation
Project Lending Type
SG
Project Modality
Project Facility Type
Environmental and social impact category
C
Project Status
Implementation
Operation Number
ATN/OC-17557-CR

Financial Information

Project Number
CR-T1207
Project Status
Implementation

IDB Financing

Financing type
TCN
Fund
Ordinary Capital
Reporting currency
USD - United States Dollar
Reporting date
Oct/03/2022

Roles & Responsibilities

Contract signature date
Sep/12/2019

Project Information

Total Cost
USD 150,000
Country counterpart financing
USD 0
Amount
USD 150,000

Preparation

Title
Type
Project Number
Date Published

Implementation

Title
Type
Project Number
Date Published
Notice of Contract Award (SG)
CR-T1207
January 19, 2022