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

closed

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.