The general objective of this proposal is to support the improvement of subnational fiscal sustainability in Latin America and the Caribbean (LAC). The specific objectives are: i) to strengthen intergovernmental fiscal arrangements to incentivize prudent fiscal management; ii) to increase the capacities of the central government entities in charge of governing decentralization processes to make fiscal monitoring and intergovernmental fiscal coordination more effective; and iii) to enhance the financial condition and credit capacity of intermediate and local levels of government in the region to increase their access to development finance.
Project Detail
Country
Regional
Project Number
RG-T4785
Approval Date
-
Project Status
Preparation
Project Type
Technical Cooperation
Sector
REFORM / MODERNIZATION OF THE STATE
Subsector
SUBNATIONAL AND LOCAL GOVERNMENTS
Lending Instrument
-
Lending Instrument Code
-
Modality
-
Facility Type
-
Environmental and Social Impact Category (ESIC)
-
Total Cost
USD 500,000.00
Country Counterpart Financing
-
Original Amount Approved
USD 500,000.00