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DR-T1197 : Program to Strengthen the Tax Administration and Public Investment in Dominican Republic

Project Status: Approved

The objective of this technical cooperation (TC) is to support the efforts of the Government of the Dominican Republic to achieve its fiscal consolidation through three channels. First, it is designed to support the General Directorate of Internal Revenues (DGII) in its efforts to strengthen its institutional capacity by incorporating good international practices and adopting advanced digital technologies to increase the operational efficiency that contributes to a better management of revenue collection. Second, this TC will support the efforts of the Ministry of Finance (MoF) to strengthen its capacity to revise, evaluate and measure fiscal risks of public investment projects and achieve better oversight of state-owned enterprises. Lastly, it will support the strengthening of the institutional capacity of the Ministry of Economy, Planning and Development (MEPyD) in the design of evaluation methodologies of value for money, cost-benefit analysis, public-private sector comparator, prioritization for the execution of public-private partnership and traditional public investment projects.

Project Detail

Project Number
DR-T1197
Approval date
February 07, 2020
Project Country
Dominican Republic
Project Sector
REFORM / MODERNIZATION OF THE STATE
Project Subsector
REFORM / MODERNIZATION OF THE STATE-FISCAL POLICY FOR SUSTAINABILITY AND GROWTH
Project Type
Technical Cooperation
Environmental and social impact category
C
Project Status
Approved

Project Information

Total Cost
USD 550,000
Country counterpart financing
USD 0
Fund
Public Capacity Building Korea Fund for