Cooperative Laboratory of Fiscal Innovation (Brasil fiscal-lab)

The objective of the TC is to strengthen the process of evaluating the fiscal management of the Brazilian states and identify innovative tax solutions for the implementation of a cooperative laboratory of fiscal innovation (Brasil Fiscal-Lab). The TC will be the seed capital for the implementation of Brazil Fiscal-Lab where technicians from Brazil, as well as from other countries in the region, will be able to identify creative products that will help them in their fiscal challenges. Specifically, the TC proposes: (i) to identify solutions that contribute to improving the fiscal maturity evaluated by means of the Maturity and Performance of Fiscal Management (MD-GEFIS) methodology applied in the Brazilian states; (ii) train teams of finance secretaries in rigorous evaluation methodologies; and (ii) define methodologies and coordination structures to evaluate the impact of innovative products.

Project Detail

Country

Brazil

Project Number

BR-T1417

Approval Date

December 10, 2019

Project Status

Closed

Project Type

Technical Cooperation

Sector

REFORM / MODERNIZATION OF THE STATE

Subsector

SUBNATIONAL AND LOCAL GOVERNMENTS

Lending Instrument

Lending Instrument Code

Modality

Facility Type

Environmental Classification

Total Cost

USD 150,000.00

Country Counterpart Financing

USD 0.00

Original Amount Approved

USD 150,000.00

Financial Information

Operation Number	Lending Type	Reporting Currency	Reporting Date	Signed Date	Fund	Financial Instrument
ATN/OC-17803-BR	Sovereign Guaranteed	USD - United States Dollar	Jul. 22, 2024	Dec. 10, 2019	Ordinary Capital	Nonreimbursable

Operation Number

ATN/OC-17803-BR

Lending Type: Sovereign Guaranteed
Reporting Currency: USD - United States Dollar
Reporting Date: Jul. 22, 2024
Signed Date: Dec. 10, 2019
Fund: Ordinary Capital
Financial Instrument: Nonreimbursable

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