International Bank for Reconstruction and Development Program Document for a Proposed Loan in the Amount of US$ 202.02 Million to the United Mexican States for a Programmatic Environment Structural Adjustment Loan, July 8, 2002 PDF Download
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Category : Environmental policy
Languages : en
Pages : 98
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Book Description
The Project, will support and promote the Government's program for sustainable development, primarily, to balance socioeconomic development with environmental protection, and improvement. The project will support the establishment of technical coordination mechanisms with other sectors, mainstreaming environmental issues in sectoral policy, and, by designing fiscal instruments to promote payment of municipal water fees, investments in municipal hydraulic works, and generate revenue from the use of national marine protected areas, including reinvestments related with the environmental management of these areas. Furthermore, the project will support the creation of an enabling environment to decentralize federal environmental management functions to the state level, by way of changes to key legislation; by the preparation of a staged decentralization strategy, specifying the criteria with respect to personnel, and goods; and by establishing the use of third party certification, to ensure the decentralization process. An implementation strategy will be developed to improve public access to information on environmental impact assessment, allowing the application of key legislation on the transparency of information. Risks however include vulnerability to external shocks, lack of stakeholder coordination, political constraints to future reforms, and financial resource constraints to decentralization of environmental functions. Nonetheless, risks have been taken into account in project design, emphasizing on coordination, and consensus building, and, Mexico should benefit from the recovery of the US economy, though timing remains uncertain.
Author:
Publisher:
ISBN:
Category : Environmental policy
Languages : en
Pages : 98
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Book Description
The Project, will support and promote the Government's program for sustainable development, primarily, to balance socioeconomic development with environmental protection, and improvement. The project will support the establishment of technical coordination mechanisms with other sectors, mainstreaming environmental issues in sectoral policy, and, by designing fiscal instruments to promote payment of municipal water fees, investments in municipal hydraulic works, and generate revenue from the use of national marine protected areas, including reinvestments related with the environmental management of these areas. Furthermore, the project will support the creation of an enabling environment to decentralize federal environmental management functions to the state level, by way of changes to key legislation; by the preparation of a staged decentralization strategy, specifying the criteria with respect to personnel, and goods; and by establishing the use of third party certification, to ensure the decentralization process. An implementation strategy will be developed to improve public access to information on environmental impact assessment, allowing the application of key legislation on the transparency of information. Risks however include vulnerability to external shocks, lack of stakeholder coordination, political constraints to future reforms, and financial resource constraints to decentralization of environmental functions. Nonetheless, risks have been taken into account in project design, emphasizing on coordination, and consensus building, and, Mexico should benefit from the recovery of the US economy, though timing remains uncertain.
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Category : Housing
Languages : en
Pages : 53
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The Project, represents the first of a series of quick disbursing loans to support the Government of Mexico's low-income housing and urban program. To this end, the project goals focus on seven key areas: a) develop a sound national policy and institutional framework for housing, and urban development; b)design and establish a unified housing subsidy policy that facilitates access of low/moderate-income families, to housing, and leverages household savings, and private credit finance; c) strengthen the housing credit, and savings systems; d) strengthen urban real property registries, and rights; d) increase the supply of urban land and its access by the poor, and improve real estate market functions; e) coordinate and support physical and social investments, to systematically upgrade poor neighborhoods; and, f) improved prevention and management of the impacts of natural disasters. Risks however, include a relatively ambitious cross-sectoral approach, risking the timing approval of the second and third loans in the program. However, this risk should be mitigated through the well-designed, integrated strategy, and a small number of key prior actions, including the intended reform policy.
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Category : Banks and banking
Languages : en
Pages : 93
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The Third Programmatic Fiscal and Institutional Structural Adjustment Loan Project within the program will focus primarily on the following key policy actions: a) acceleration of the phase-out of tax exemptions for profits of certain firms; b) increased revenues derived from improvements in tax administration of at least 0.3 percent of GDP, between 2003 and 2004, while maintaining DIAN - Direccion de Impuestos y Aduanas Nacionales - administrative costs per peso collected, below 0.96 percent; c) submission of a new budget law to improve the overall budgeting framework, complementing the 2003 Fiscal Responsibility Law; d) further improvements in the royalty transfer system, including restructuring of the National Royalty Fund; e) implementation of the legal defense of the State policy; f) establishment of oversight bodies for both procurement and asset management; g) compliance with the pilot management contracts with ICBF - Institution Colombiano de Binestar Familiar - and SENA - Servicio Nacional de Aprendizaje; and, h) further progress in the monitoring system for the public sector reform process.
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Category : Rural development projects
Languages : en
Pages : 72
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The objective of the Project is to support a stage of the reform of Mexico's development banking sector. Specifically, this loan supports the liquidation of Banrural and the creation, in its place, of the new Rural Finance Institution (FR), as a non-banking decentralized institution that cannot mobilize deposits or issue debt and that is in charge of promoting the development of rural financial markets. The FR is funded directly through budgetary allocations; it must maintain the value of its capital endowment in real terms, report periodically to Congress, lend only to low and middle income rural producers, and move, over time, fully to second-tier lending. The proposed loan will be disbursed in three tranches. Conditions for tranche disbursements have been designed to be closely linked to building a financially viable rural finance institution (FR). A first tranche supports: (i) approval of the FR's Charter, and the budgetary appropriations for the liquidation of Banrural and the establishment of the FR; (ii) establishment of the FR's management structure, corporate governance, normative guidelines and regional organization; and (iii) adoption of strategic decisions that affect the initial operations of the FR and its financial viability. A second tranche supports: (i) adoption of a Strategic Plan including the shift to second-tier lending and the design of an integrated management information system and financial control system; (iii) adoption of new credit manuals and processes consistent with FR's financial viability. A third tranche supports confirmation that the FR complies with: (i) the objective of maintaining net income levels in real terms equal or higher than zero, for any consecutive six-month period within the preceding nine months; and (ii) its lending normative and CNBV's prudential regulations, including norms for risk classification and provisioning of loan portfolio.
Author: David E. Yuravlivker
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Category :
Languages : en
Pages : 49
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Author: World Bank. Latin America and the Caribbean Regional Office. Colombia and Mexico Country Management Unit. Finance, Private Sector and Infrastructure Dept
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Category : Economic development
Languages : en
Pages : 90
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Author: World Bank. Mexico Country Department
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Category : Loans, Foreign
Languages : en
Pages : 78
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Category : Banks and banking
Languages : en
Pages : 78
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Category : Human services
Languages : en
Pages : 102
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Author: World Bank. Latin America and the Caribbean Regional Office. Colombia and Mexico Country Management Unit. Poverty Reduction and Economic Management Department
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Category : Mexico
Languages : en
Pages : 136
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