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

Inter-American Development Bank

Smart public procurement refers to making optimal decisions to minimize waste and enhance the quality, efficiency and sustainability of public spending when purchasing and contracting goods, works and services. Better fiscal balances will contribute to greater macroeconomic stability. What is Smart Public Procurement?

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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.

Finance 52
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4 big insights for finance teams about the future of water management

Bonfire

There’s never been a better time to explore creative solutions for stretching budgets further and turning federal infrastructure funding into transformative investments in efficient and sustainable water management. Here are 4 a-ha moments from their conversation that should be on the mind of every finance professional.

Finance 59
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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? 2- Sovereign thematic issuances are increasingly relevant Sustainable debt instruments are becoming increasingly relevant in the capital markets.

Finance 52
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How city governments can navigate the fiscal cliff

American City & Country

Louis struggle with resource constraints and grapple with the significant challenges cities face in balancing budgets, maintaining public services and managing infrastructure needs. It’s why all city leaders, not just those in finance, must be well-versed in the different types of budgetary concerns and how to navigate them.

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How Do Inflation Shocks Affect Public Debt Dynamics?

Inter-American Development Bank

The COVID-19 pandemic had a very large impact on government finances. Three important variables worth highlighting are borrowing costs, primary balances, and exchange rates. Supply-driven inflation shocks tend to be associated with a tightening of financing conditions. This is in tern reflected in increases in borrowing costs.

Balance 52
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The 3 revolutions of public procurement in Africa

Open Contracting Partnership

As the largest portion of the economy that is directly in government’s hands, public procurement is now at the forefront of interventions in digitizing government business, and advancing inclusive development, sustainability, and open government. This was not always the case.