$1 Billion for Fiscal Administration Modernization Programme
Just over $1 billion has been earmarked in the 2014/15 Estimates of Expenditure to continue implementation of the Government’s Fiscal Administration Modernization Programme. The five-year Inter-American Development Bank (IDB)-funded project, which commenced in December 2011, aims to support the administration’s focus on attaining sustainable fiscal consolidation. This will be done by strengthening the institutional capacity of the implementing agency, the...