Wednesday, December 17, 2014

Uruguay to improve efficiency of budget resource management with support from IDB

The Inter-American Development Bank (IDB) has approved a $12 million loan to Uruguay for a program to help it boost the efficiency of budget resource management through better handling of information during the budget cycle. In order to achieve this goal the plan calls for generating the information needed in all state agencies to support the drafting and execution of the budget, and its incorporation into decision-making processes on budgetary allotment and execution by government bodies and the Economy and Finance Ministry.

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