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Fiscal Strengthening Program
The objective of the present sector program is to help the Republic of El Salvador strengthen public finance and to protect funding for social programs that benefit low-income groups. The program is divided into five components: (i)macroeconomic stability; (ii) tax reform; (iii) more efficient tax and customs administration; (iv) reduction and targeting of subsidies; and (v) transparency in public finance and medium-term fiscal programming. The financing, estimated at US$200 million, will be disbursed in two tranches of US$100 million each.

Project Detail

Country

El Salvador

Project Number

ES-L1047

Approval Date

February 17, 2010

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 Classification

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

Total Cost

USD 200,000,000.00

Country Counterpart Financing

USD 0.00

Original Amount Approved

USD 200,000,000.00

Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
2296/OC-ES Sovereign Guaranteed USD - United States Dollar Ordinary Capital Single Currency Facility
Operation Number 2296/OC-ES
  • Lending Type: Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Ordinary Capital
  • Financial Instrument: Single Currency Facility

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Implementation Phase
https://www.iadb.org/document.cfm?id=EZSHARE-1856068004-1765
Project Monitoring Report ( Public version)
Relatório para publicação_PMR-_ES-L1047-2011-1º-Período [36623977].PDF
Jan. 12, 2012
Portuguese
https://www.iadb.org/document.cfm?id=EZSHARE-1856068004-2117
Project Monitoring Report ( Public version)
Rapport pour Publication_PMR-_ES-L1047-2011-1º-Período [36624557].PDF
Jan. 12, 2012
French
https://www.iadb.org/document.cfm?id=EZSHARE-1856068004-2471
Project Monitoring Report ( Public version)
Informe para Publicación_PMR-_ES-L1047-2011-1º-Periodo [36625110].PDF
Jan. 12, 2012
Spanish
https://www.iadb.org/document.cfm?id=EZSHARE-1856068004-2829
Project Monitoring Report ( Public version)
Report for Publication_PMR-_ES-L1047-2011-1º-Period [36625674].PDF
Jan. 12, 2012
English
https://www.iadb.org/document.cfm?id=EZSHARE-1856068004-1114
Project Monitoring Report ( Public version)
Informe para Publicación_PMR-_ES-L1047-2010-2º-Periodo [36312694].PDF
Aug. 10, 2011
Spanish
https://www.iadb.org/document.cfm?id=EZSHARE-1856068004-1374
Project Monitoring Report ( Public version)
Report for Publication_PMR-_ES-L1047-2010-2º-Period [36313266].PDF
Aug. 10, 2011
English
https://www.iadb.org/document.cfm?id=EZSHARE-1856068004-189
Project Monitoring Report ( Public version)
Relatório para publicação_PMR-_ES-L1047-2010-2º-Período [36310210].PDF
Aug. 10, 2011
Portuguese
https://www.iadb.org/document.cfm?id=EZSHARE-1856068004-584
Project Monitoring Report ( Public version)
Rapport pour Publication_PMR-_ES-L1047-2010-2º-Período [36312106].PDF
Aug. 10, 2011
French
https://www.iadb.org/document.cfm?id=EZSHARE-2085963343-91
Loan Proposal
EL SALVADOR_ Fiscal Strengthening Program (ES-L1047) [35098678].PDF
Dec. 31, 1999
English
https://www.iadb.org/document.cfm?id=EZSHARE-2085963343-90
Loan Proposal
EL SALVADOR_ Programa de Fortalecimiento Fiscal_ (ES-L1047) [35098670].PDF
Dec. 31, 1999
Spanish
Preparation Phase
https://www.iadb.org/document.cfm?id=EZSHARE-2085963343-37
Project Profile
PP_ Programa de Fortalecimiento Fiscal (ES-L1047) [2263571].PDF
Dec. 31, 1999
Spanish

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