Skip to main content
Strengthening of macro-fiscal frameworks in Latin America and the Caribbean
The objective of this technical cooperation (TC) is to support LAC governments by strengthening the macro-fiscal framework - which is defined set of tools to identify fiscal risks, management of the public finances under fiscal sustainability principles, design, and implementation of fiscal strategy to achieve the fiscal goals- that will contribute to the positioning of countries in order to face the covid 19 crisis, generate fiscal space to recover the path of fiscal consolidation, and contribute to the design of post-pandemic policies that will enable them to resume sustainable growth paths in the medium term. This TC is designed to support member country governments i) analytical tools to identify major variables which impact on the fiscal sustainability; ii) Create metrics to identify macro-fiscal risks and fragilities and provide countries with risk mitigation alerts and greater technical capacity for policy design.

Project Detail

Country

Regional

Project Number

RG-T4153

Approval Date

November 28, 2022

Project Status

Implementation

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

-

Total Cost

USD 350,000.00

Country Counterpart Financing

USD 0.00

Original Amount Approved

USD 350,000.00

Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
ATN/KR-19694-RG Sovereign Guaranteed USD - United States Dollar Public Capacity Building Korea Fund for Nonreimbursable
Operation Number ATN/KR-19694-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

Can’t find a document? Request information

Other Documents
https://www.iadb.org/document.cfm?id=EZIDB0000474-684754399-9
sovereign-risk-and-economic-complexity-final.pdf
Published Feb. 06, 2024
Download
Implementation Phase
https://www.iadb.org/document.cfm?id=EZSHARE-438124038-17
Procurement Plan_47942.pdf
Published Nov. 28, 2022
Download
https://www.iadb.org/document.cfm?id=EZSHARE-438124038-18
TC Document - Disclosure_64227.pdf
Published Nov. 28, 2022
Download
https://www.iadb.org/document.cfm?id=EZSHARE-438124038-15
Results Matrix_45127.pdf
Published Nov. 28, 2022
Download
https://www.iadb.org/document.cfm?id=EZSHARE-438124038-16
Terms of Reference_83562.pdf
Published Nov. 28, 2022
Download
Preparation Phase
https://www.iadb.org/document.cfm?id=EZSHARE-438124038-1
RG-T4153 - Abstracto.pdf
Published Jul. 19, 2022
Download

Have an Environmental or Social issue related to IDB projects? File a Complaint

Blogs
Published 2023
Seis oportunidades para promover la resiliencia y descarbonización a través de la política fiscal
La política fiscal es una herramienta poderosa para poder responder a estos desafíos. Las políticas de gasto, impuestos, inversión pública, endeudamiento y financiamiento pueden contribuir, en su conjunto, a transformar el comportamiento de los distintos actores económicos. Estas políticas también son capaces de brindar mayor resiliencia a la economía y atender los impactos distributivos de la transición, resguardando la sostenibilidad de las finanzas públicas y evitando el surgimiento de activos varados.
Blogs
Published 2023
El dilema entre salud y economía: un modelo para guiar la formulación de políticas a partir del COVID-19
¿Sabías que, durante la pandemia, se creó un modelo para ayudar a tomar decisiones informadas y guiar la formulación de políticas?
Blogs
Published 2020
Viaje a la dimensión desconocida: opciones fundamentales de política y riesgos fiscales en tiempos del COVID-19
Con la respuesta de política fiscal al COVID-19 en América Latina y el Caribe (ALC) se está abriendo la puerta a una dimensión desconocida en materia de riesgos fiscales. No es que se trate de una nueva clase de riesgos, es que su dimensión será desconocida. El lento avance regional en la gestión de riesgos
Blogs
Published 2023
Desafíos y oportunidades para fortalecer la institucionalidad fiscal en Chile en la pospandemia
Chile tiene la oportunidad de volver a reformar sus instituciones fiscales, con focos en la eficiencia del gasto, la transparencia y la creación de un nuevo pacto fiscal que permita financiar las demandas sociales de modo responsable, con anclajes robustos y trayectorias sostenibles.
Publications
Published 2021
Fiscal Impact of PPPs in Latin America and the Caribbean
Os Documentos de Discusso PPP Américas 2021 compem uma série de textos desenvolvidos em preparaço à décima ediço do PPP Américas. O evento é o maior fórum sobre Parcerias Público Privadas (PPP) na América Latina e no Caribe (ALC) e é organizado a cada dois anos pelo Banco Interamericano de Desenvolvimento (BID). Motivados pelo PPP Américas 2021, foram reunidos oito grupos temáticos, com especialistas, profissionais, consultores e acadmicos envolvidos diretamente na preparaço, identificaço, estruturaço e gesto de projetos de infraestrutura no formato de PPPs nos países da regio. Sob coordenaço dos especialistas do BID, os grupos revisaram os mais atuais temas de interesse no mbito das parcerias para infraestrutura econmica e social, com o objetivo de trocar experincias e debater casos de sucesso e liçes aprendidas. Este documento “Impacto Fiscal das PPPs na América Latina e no Caribe”, reúne as principais concluses e recomendaçes discutidas pelo grupo e busca contribuir para a consolidaço de um ambiente de troca de conhecimento sobre infraestrutura e PPPs na regio, oferecendo uma discusso ampliada sobre o impacto fiscal dos projetos de PPP na América Latina e no Caribe.
Blogs
Published 2023
Health 2.0: Digitalization and the Fight Against Non-Communicable Disease
Greater incidences of cardiovascular disease, diabetes and mental health disorders; rising costs for treating those and other non-communicable diseases; and a tight fiscal environment after a punishing COVID-19 pandemic. Latin America and the Caribbean face these difficult health challenges in the coming decades. With an aging population and limited resources, the region must tackle serious
Publications
Published 2021
Growth Recoveries (from Collapses)
This paper analyzes the behavior of a long list of economic variables during episodes of recovery from an economic collapse. A set of stylized facts is proposed so as to depict what in this work is called \saygrowth recoveries. Through different estimation techniques, it is inferred under which conditions and policies the likelihood of experiencing a growth recovery increases. The results of the paper indicate that collapses tend to occur in countries with high dependence on natural resource rents, macroeconomic mismanagement, low levels of democratic accountability and rule of law and high levels of conflict. Recoveries, on the other hand, tend to be longer than collapses and are more likely to occur in contexts of: improved external conditions, less natural resource rents, balanced fiscal accounts, where the exchange rate corrects but within a more fixed exchange rate regime and a more restricted financial account, and where there are: rebounds in private consumption, increases in international trade and improvements on property rights.
Blogs
Published 2023
Fiscal Rules for a Debt-Plagued Region
With a long history of recurrent and costly debt crises, Latin American governments have long sought to find a way to curb the fiscal deficits that stoke the debt problem. Those efforts gathered steam over the course of the 2000s when numerous governments in the region began adopting fiscal rules, which seek to curb politicians’
Blogs
Published 2023
Preparar el terreno macroeconómico para un crecimiento renovado
Desde 2020, las economías del mundo se han visto afectadas por una serie de shocks, siendo la pandemia de COVID-19 y la invasión rusa a Ucrania unos de los más severos. En consecuencia, tras crecer cerca del 3,9% el año pasado, América Latina y el Caribe, se enfrenta ahora a unas proyecciones de crecimiento considerablemente
Blogs
Published 2023
Preparing the Macroeconomic Terrain for Renewed Growth
Since 2020, the economies of the world have been hit by a series of severe shocks, most dramatically the COVID-19 pandemic and the Russian invasion of Ukraine. As a result, after growing around 3.9% last year, Latin America and the Caribbean region now faces considerably lower growth projections for 2023, with private forecasters predicting growth
Powered by FindIT
Jump back to top