Peru to Improve the Quality of Government Supply Services with IDB Support

Peru will more efficiently provide goods, services, and works for its citizens through a $50 million loan from the Inter-American Development Bank (IDB).

The financing will help optimize the National Supply System (SNA) by giving it a solid information technology infrastructure, as well as specific information systems that will allow goods to be traced and provide public access to information to promote citizen participation, transparency, and accountability.

The project will support the design of a model for managing the public supply chain. This model will incorporate different activities ranging from identifying the needs of public entities to effectively delivering the supplies those agencies need.

The new model will integrate supply management with other administrative systems under the governance of the Ministry of Economy and Finance so officials can make decisions based on quality information, with the support of modern and innovative methodologies and tools that leverage digital technologies and encourage best practices, with the ultimate goal of creating public value.

The project will improve the administration of real estate assets, helping to reduce rental expenses and better manage information on the availability and condition of properties so they can be assigned to and used by public entities. Additionally, it will provide training and certification for government officials who work in supply management, as a key step towards professionalism in programming activities, procurement management, and asset management. It will also deploy strategies for economic, social and environmental sustainability; for social inclusion; and for boosting women’s participation in procurement.

The project will enable citizens to receive public goods and services in a timely, efficient, and effective manner. It includes pilot interventions in health and education to expand the rapid availability of medicines and educational materials. These interventions will help close gaps in the delivery of essential government services.

The $50 million loan has a 16-year term, a nine-year grace period, and an interest rate based on the Secured Overnight Financing Rate (SOFR).