WASHINGTON, February 6, 2020 - The World Bank’s Board of Executive Directors today approved the following project:
Mexico – Modernization of Public Financial Management Systems
IBRD Credit: US $110 million equivalent
Terms: Maturity = 11 years; Grace = 2.5 years
Project ID: P169959
Project Description: The project aims to support a broad institutional modernization reform of the public financial management system at the federal level, through better integration of core functions, strengthened controls, fiscal transparency, and overall more effective public finance management processes.
For more information, please visit here: www.worldbank.org/mx