| Introduction
Human & social development
Public finances
Financial markets
Governance & public sector
Operations |
To facilitate private sector development, as well as to safeguard consumer interests, the Bank is helping several countries establish clear, impartial legal and regulatory
environments with predictable enforcement. It is helping Guatemala prepare selected infrastructure sectors for privatization and concessioning through a technical
assistance project that includes support to prepare legislation and strengthen regulatory agencies. A technical assistance loan to Colombia is also supporting regulatory reform.
El Salvador's overall competitive posture is being revised through the ongoing Competitiveness Enhancement Technical Assistance Project, and during the 1996 Annual
Meetings a special country seminar on El Salvador's competitiveness program was widely attended by potential investors. The
IFC is also playing a key role in supporting the
competitiveness program through its Extended Reach Initiative program.
IFC's field presence in the country is forging deeper links with private firms, and a separate financing
facility, the Small Enterprise Fund, has been established. The competitiveness strategy is also being supported by the Foreign Investment Advisory Service
(FIAS) and MIGA through investment promotion and information dissemination services.
FIAS is also a partner in the Bank-financed Trinidad and Tobago Business Expansion and Industrial
Restructuring Project, where it is providing advice on investment regime reforms. In Brazil the Bank undertook a study of the elements of "Custo Brazil," the various financial, regulatory,
and infrastructure costs that have impaired Brazilian producers' competitiveness.
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