Subnational Convergence Program Mexico.

The overall development objective of the CCLIP and the first operation is to improve subnational fiscal sustainability. The specific development objectives of the CCLIP and the first operation are: (i) to increase the effectiveness of own-revenue collection; (ii) to increase the efficiency of spending; and (iii) to improve financial solvency.

Project Detail

Country

Mexico

Project Number

ME-O0008

Approval Date

Project Status

Preparation

Project Type

Container

Sector

REFORM / MODERNIZATION OF THE STATE

Subsector

FISCAL POLICY FOR SUSTAINABILITY AND GROWTH

Lending Instrument

Lending Instrument Code

Modality

Credit Line

Facility Type

Conditional Credit Line Investment Project - Sectorial (CCLIP-SEC)

Environmental and Social Impact Category (ESIC)

Total Cost

USD 1,000,000,000.00

Country Counterpart Financing

USD 0.00

Original Amount Approved

USD 1,000,000,000.00