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Fiscal Strengthening support to Caribbean countries
The overall objective of this Technical Cooperation (TC) is to support Caribbean Region efforts to achieve sustainable improvements in their fiscal management systems specifically related to tax administration and policy, budget policy and financial management, and public investment. For this purpose the operation will focus on creating a comprehensive program for expanding institutional capacity and implementing policy reform to ensure fiscal sustainability in the Caribbean Region. This program will include utilizing the Caribbean Regional Technical Assistance Centre (CARTAC) to implement tax administration institutional strengthening programs in concert with the Bank´s efforts to reform tax policy; improve budget planning; and address inefficiencies in the mechanisms for public investment.

Project Detail

Country

Regional

Project Number

RG-T2315

Approval Date

September 20, 2016

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 Classification

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

Total Cost

USD 300,000.00

Country Counterpart Financing

USD 0.00

Original Amount Approved

USD 300,000.00

Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
ATN/OC-15740-RG Sovereign Guaranteed USD - United States Dollar Ordinary Capital Nonreimbursable
Operation Number ATN/OC-15740-RG
  • 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-138164866-15
Fiscal Strengthening support to the Caribbean Countries [40675220].PDF
Published Oct. 20, 2016
Download
https://www.iadb.org/document.cfm?id=EZSHARE-138164866-14
Terms of Reference [40421716].docx
Published Oct. 20, 2016
Download
https://www.iadb.org/document.cfm?id=EZSHARE-138164866-13
Procurement Plan [40421663].xlsx
Published Oct. 20, 2016
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https://www.iadb.org/document.cfm?id=EZSHARE-138164866-11
Carta Solicitud del Gobierno de Jamaica [39209203].PDF
Published Oct. 20, 2016
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Other Documents
https://www.iadb.org/document.cfm?id=EZSHARE-138164866-12
Program to strengthen the fiscal sustainability of the Caribbean countries [39545915].PDF
Published Oct. 25, 2015
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Taxation when Markets are not Competitive: Evidence from a Loan Tax
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Services in the transport sector in Latin America & the Caribbean are provided mainly by private enterprises of different sizes. However, as technical transport specialists, our knowledge and understanding of their management strategies and financial objectives remains limited. Most of the sectorial attention is rightly dedicated to the analysis of the effectiveness and efficiency of the products/services provided by companies, leaving out of the picture the focus on the “business” side of their structures and operations. Such lack of awareness can be linked to several reasons. But one of the motives that mostly hinder transport practitioners from further analyzing these aspects is the ability to speak the private companies “financial language”. Engineers, planners, and even economists are not always familiar with the instruments of financial analysis, management accounting or corporate finance; concepts that are at the core of this language. When it comes to financial analysis, sectors practitioners are mainly biased in thinking about PPPs issues and project finance. This is certainly not a fault per se! However, such a narrow focus can unquestionably represent an obstacle to the full comprehension of the phenomena and rationales that impact the sectors functioning
Publications
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Independent Country Program Review Ecuador 2018-2021
This independent country program review (ICPR) analyzes the IDB Group's country strategy and country program with Ecuador during the 2018-2021 period. ICPRs assess the relevance of the Bank's country strategy and provide aggregate information on the program alignment and execution. If the available information allows, ICPRs also report on progress toward achieving the objectives that the IDB Group established in the country strategy. This review by the Office of Evaluation and Oversight (OVE) is intended to provide the Boards of Executive Directors of the IDB and IDB Invest with useful information to analyze the country strategies submitted for their consideration.
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President's Report 2023
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Blogs
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