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Fiscal Strengthening Support in Nicaragua

The objective of this technical cooperation is contributing to improve the efficiency and equity of fiscal policy in Nicaragua, and to support the preparation and implementation of the activities included in the Fiscal Strengthening Program for Growth and Equity I (NI L1151). Structured under the programmatic loan modality in Support of Policy Reforms (PBP), NI-L1151 currently has three specific objectives: (i) increase the efficiency and simplicity of the tax system; (ii) increase the efficiency and equity of public spending; and (iii) mitigate fiscal risks associated with contingent liabilities. For the fulfillment of these objectives, it is foreseen the implementation of a series of policy reforms in different dimensions of public finances (tax revenues, public expenditures, management of contingent liabilities ) in two interrelated phases. As a result of the TC, we expect to contribute to the strengthening of public finances in the country, promoting the necessary policy dialogue to generate consensus around the key policy reforms, and as a corollary, facilitate compliance with the actions contemplated in the PBP over time.

Project Detail

Country

Nicaragua

Project Number

NI-T1261

Approval Date

November 27, 2018

Project Status

Closed

Project Type

Technical Cooperation

Sector

REFORM / MODERNIZATION OF THE STATE

Subsector

FISCAL POLICY FOR SUSTAINABILITY AND GROWTH

Lending Instrument

-

Lending Instrument Code

-

Modality

-

Facility Type

-

Environmental and Social Impact Category (ESIC)

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

Total Cost

USD 250,000.00

Country Counterpart Financing

USD 0.00

Original Amount Approved

USD 250,000.00

Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
ATN/OC-17093-NI Sovereign Guaranteed USD - United States Dollar Ordinary Capital Nonreimbursable
Operation Number ATN/OC-17093-NI
  • Lending Type: Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Ordinary Capital
  • Financial Instrument: Nonreimbursable

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Implementation Phase
https://www.iadb.org/document.cfm?id=EZSHARE-1681047593-10
TC Document
Documento de Cooperación Técnica-NI-T1261.pdf
Jan. 25, 2019
Spanish
https://www.iadb.org/document.cfm?id=EZSHARE-1681047593-3
TC Document
Ayuda Memoria.pdf
Jan. 25, 2019
Spanish
https://www.iadb.org/document.cfm?id=EZSHARE-1681047593-4
TC Document
Matriz de Resultados.xlsx
Jan. 25, 2019
Spanish
https://www.iadb.org/document.cfm?id=EZSHARE-1681047593-5
TC Document
Plan de Adquisiciones.xlsx
Jan. 25, 2019
Spanish
https://www.iadb.org/document.cfm?id=EZSHARE-1681047593-6
TC Document
Términos de Referencia.docx
Jan. 25, 2019
Spanish
https://www.iadb.org/document.cfm?id=EZSHARE-1681047593-7
TC Document
Filtros de Salvaguardas.pdf
Jan. 25, 2019
English
Preparation Phase
https://www.iadb.org/document.cfm?id=EZSHARE-1681047593-8
TC Abstract
Abstracto de CT - NI-T1261.pdf
Jan. 25, 2019
Spanish

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