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ME-L1144 : Strenghthening the Public Finance Program

Project Status: Closed

The program's objective is the recovery of the contributive capacity of the Mexican tax system. The strategy will be oriented to reduce to the maximum the various tax incentives especially in those instruments that, because of their structure, have comparative advantages to generate revenue in a less distortionary manner, such as the VAT and the income tax. Also, the tax administration will be strengthened through the simplification of tax legislation and the impulse to voluntary compliance.

Project Detail

Project Number
ME-L1144
Project Country
Mexico
Project Sector
REFORM / MODERNIZATION OF THE STATE
Project Subsector
FISCAL POLICY FOR SUSTAINABILITY AND GROWTH
Project Type
Loan Operation
Project Lending Type
SG
Project Modality
PBP (Programmatic Policy Base Loan)
Project Facility Type
Environmental and social impact category
B13
Project Status
Closed
Operation Number
3201/OC-ME

Financial Information

Project Number
ME-L1144
Project Status
Closed

IDB Financing

Financing type
FFF
Fund
Ordinary Capital
Reporting currency
USD - United States Dollar
Reporting date
Jul/18/2023

Roles & Responsibilities

Contract signature date
Nov/07/2014

Project Information

Total Cost
USD 800,000,000
Country counterpart financing
USD 0
Amount
USD 800,000,000

Preparation

Title
Type
Project Number
Date Published

Approved

Title
Type
Project Number
Date Published
Loan Proposal
ME-L1144
June 26, 2014
Loan Proposal
ME-L1144
June 26, 2014
Loan Contract
3201/OC-ME;ME-L1144
June 18, 2014
Loan Contract
3201/OC-ME;ME-L1144
June 18, 2014

Implementation

Title
Type
Project Number
Date Published
Project Monitoring Report ( Public version)
ME-L1144
March 16, 2016
Project Monitoring Report ( Public version)
ME-L1144
March 15, 2016

Completed

Title
Type
Project Number
Date Published