Local Development and Subnational Management Program
The general objective of the program is to assist the Government of Uruguay in its efforts to make the departmental governments (DGs) more financially autonomous from the national government (NG), and to improve delivery of the basic services they provide. The specific objectives are: (i) to improve the institutional capacity of the DGs in terms of planning, financial management, management of public investment, and management of their own tax revenues; and (ii) to improve and expand the coverage of basic services provided by the DGs.

Project Detail

Country

Uruguay

Project Number

UR-L1038

Approval Date

January 1, 2012

Project Status

Closed

Project Type

Loan Operation

Sector

REFORM / MODERNIZATION OF THE STATE

Subsector

DECENTRALIZATION & INTERGOVERNMENTAL RELATIONS

Lending Instrument

Investment Loan

Lending Instrument Code

INV

Modality

ESP (Specific Investment Operation)

Facility Type

-

Environmental and Social Impact Category (ESIC)

Category B: Likely to cause mostly local and short-term negative environmental and associated social impacts and for which effective mitigation measures are readily available

Total Cost

USD 85,000,000.00

Country Counterpart Financing

USD 15,000,000.00

Original Amount Approved

USD 70,000,000.00
Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
2668/OC-UR Sovereign Guaranteed USD - United States Dollar Ordinary Capital Single Currency Facility
Operation Number 2668/OC-UR
  • Lending Type: Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Ordinary Capital
  • Financial Instrument: Single Currency Facility