IDB to Strengthen Guatemala's Public Finance Ministry

The Inter-American Development Bank will loan USD8.5 million for the institutional modernization of Guatemala’s Ministry of Public Finance. The program will help improve the ministry’s capacity in spearheading public finance management reforms and encouraging efficient and transparent use of public funds through better policy analysis. The funding is expected to be disbursed over 42 months. (“IDB will supports modernization of the Ministry of Public Finance in Guatemala” - Inter-American Development Bank, Nov. 13, 2008)

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