Public Capital Expenditure Management Program

closed

The objective of the program is to support the GOS¿s reform effort to enhance public capital expenditure management. The reforms combine policy initiatives and government actions in three areas: (i) public investment management; (ii) public procurement; and (iii) public financial management and audit. The first area addresses issues related to policies, practices, and mechanisms for improved project cycle management, including better strategic vision in the pre-investment stage. The second and third areas are considered to be key pillars to enhance project implementation. For each area of intervention, the program will establish targets related to changes in the relevant legal framework, as well as procedures and/or instruments necessary to achieve the desired objectives.