The objective of the Public Sector Development Policy Loan Program for Paraguay is to contribute to the effectiveness and efficiency of the public sector. This is expected to be reached via the following specific objectives: (i) exerting effective state-owned enterprises (SOE) oversight; (ii) improving central administration's internal financial control; and (iii) strengthening the tax system.
This Development Policy Loan (DPL) supports the Government reform plans and builds upon the significant achievements in several areas of a previous programmatic DPL in 2009. The operation was conceived within the context of the FY09-13 Country Partnership Strategy (CPS) to support the implementation of the government reform plans. Building on the dialogue developed in partnership with the government, the Bank intends to contribute to the government plan's overall objective of achieving sustainable and more equitable growth by providing direct support to three of its pillars: (i) macroeconomic policy; (ii) SOEs; and (iii) state modernization.
This DPL focuses on three program components: (i) state oversight of state-owned enterprises; (ii) public sector financial control (central administration); and (iii) the tax system.
World Bank.Document Date: 2011/11/013.Document Type:Program Document.Report Number:52959.Volume No:1 of 1
