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Country: Brazil
Project: PROFISCO Goias (BR-L1233)
Sector: Miscellaneous
This Program is tied in with the fourth priority action area of the Strategy (Institutional Strengthening and Modernization of the State), which includes the Bank’s interest in extending the improvements in fiscal management to the state level. The proposed operation is consistent with both the country’s strategy and Bank’s strategy for Brazil and the modernization of the State, by contributing to reinforcing the efforts to modernize fiscal management in the state, with the goal of consolidating and improving the process to restructure and modernize the fiscal and financial administration of the State of Goiás. Status: In preparation stage. Estimated total cost: US$ 12.8 million. Loan amount: US$ 11.5 million. Executing agency: Pending definition.

IADB - Inter American Development Bank - is the largest source of development financing for Latin America and the Caribbean. Established in 1959, the IADB supports Latin American and Caribbean economic development, social development and regional integration by lending to governments and government agencies, including State corporation.
Includes initiatives that support macroeconomic stability, sound fiscal policy, and effective management of public financial resources.