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Program for Strengthening Institutional Capacity to Enhance Financial and Fiscal Discipline of State-owned Enterprises in Latin America and the Caribbean

The objective of this Technical Cooperation (TC) is to strengthen the institutional capacity to enhance financial and fiscal discipline of State-owned Enterprises (SOEs) in Latin America and the Caribbean (LAC) in ways to improve their management efficiency and financial soundness. This will be achieved by conducting an assessment of current practices of SOEs' planning and execution and their impact on the fiscal sustainability of the LAC countries (both in terms of quality of expenditure and the public financial management (PFM)). The TC will concentrate in the following areas: (i) investment and financing mechanisms, (ii) government transfers and subsidies, (iii) taxation rules and exemptions, (iv) payroll and pension schemes, and (v) transparency and risk management instruments.

Project Detail

Country

Regional

Project Number

RG-T3233

Approval Date

August 1, 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 550,000.00

Country Counterpart Financing

USD 0.00

Original Amount Approved

USD 550,000.00

Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
ATN/KR-16851-RG Sovereign Guaranteed USD - United States Dollar Public Capacity Building Korea Fund for Nonreimbursable
Operation Number ATN/KR-16851-RG
  • Lending Type: Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Public Capacity Building Korea Fund for
  • Financial Instrument: Nonreimbursable

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Other Documents
https://www.iadb.org/document.cfm?id=EZSHARE-656872358-50
Publication
smoldering-embers-do-state-owned-enterprises-threaten-fiscal-stability-in-the-caribbean.pdf
Mar. 11, 2022
English
Preparation Phase
https://www.iadb.org/document.cfm?id=EZSHARE-735136064-6
TC Abstract
RG-T3233 - TC Abstract.pdf
Jun. 22, 2018
English

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