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Smart Public Procurement for Better Public Spending in Latin America and the Caribbean

Inter-American Development Bank

Smart Public Procurement Can Contribute to Marofiscal Stability Smart public procurement spending can be a critical area for improving fiscal balances because it can improve the effectiveness of public expenditure by reducing waste. Better fiscal balances will contribute to greater macroeconomic stability.

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How Developing Countries Reduce the Impact of Climate Vulnerability on Sovereign Risk

Inter-American Development Bank

Our findings highlight the asymmetric impact of climate risks on financing costs, particularly for high-risk countries, and emphasize the critical role of investments in climate preparedness, resilient infrastructure, and economic diversification. Make sure to select newsletters option, after choosing the fiscal policy and management topic.

Finance 52
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Economy and finance ministries in the face of climate change: 7 advancements in the green fiscal agenda

Inter-American Development Bank

There is no turning back now, the ministries of economy and finance are at the heart of climate action. What are finance ministries doing and discussing to advance green fiscal management? In recent years there has been an enormous increase in the development of these strategies, with around e 40 worldwide.

Finance 52
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How to Become a Woman Owned Business Certified: A Comprehensive Guide

Select GCR

Certification programs can also improve access to funding, helping overcome barriers in securing loans or equity financing. WBENC offers numerous educational programs to enhance the skills and capacities of women-owned businesses. Balancing professional and personal responsibilities effectively is also challenging.

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Complying with Fiscal Rules in Latin America and the Caribbean: From Promises to Action

Inter-American Development Bank

Fiscal rules have become a common policy tool to promote the sustainability of public finances, as the number of countries with at least one fiscal rule has grown from ten in 1991 to more than 100 by 2021.

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Tax Administration 3.0: IDB open-source software leverages digital accounting data to facilitate and increase compliance

Inter-American Development Bank

In this sense, digitally collecting accounting information from companies is crucial to enable TAs to better measure business activities, such as operations, financing, investments, the performance of companies, and their contractual relationships. However, to reach the next level of digitization, known as Tax Administration 3.0,

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The Ukrainian DREAM: Making wartime reconstruction digital and accountable

Open Contracting Partnership

After the launch, the systems were transferred to the balance of the state in the form of a state-owned enterprise. The indicators will be able to flag any issue from these capacity challenges, inadequate documentation, or potential fraud and corruption. As of 1 August, 159 regional and local projects received UAH 6.6