Strengthening of the Fiscal Institutions of the Municipality of Guatemala
Country: Guatemala
Funder: Inter-American Development Bank (IDB)
Years: 2015
Areas of Expertise: Public Finance Management
Within the framework of this project, a series of consultancy and support activities were carried out with the overall objective of modernising the fiscal and debt management administration of the Municipality of Guatemala as a whole. As specific objectives, the project aimed to
- Increase tax collection of own municipal revenues.
- Improve the profile of municipal public indebtedness.
The project helped to rationalise current expenditure, reorganise the tax administration process and the management of municipal debt and unaccounted social security liabilities and contingencies. It contributed to strengthening the capacity to manage new public debt to leverage new investments in the city.