Financial management is key for any government seeking to maintain its finances in order and have the capability to provide good services to its citizens. It can be a complex task because it involves different government institutions and information systems that do not talk to each other. To address this challenge, South Korea has created an integrated financial management … [Read more...] about How to Build an Integrated Financial Management Information System: The Case of the Korean Government
Electronic Invoicing: Lessons from Latin America
Over the past two decades, a silent revolution began transforming tax administration in Latina America. Electronic tax invoicing (EI) is the region’s contribution to the fight against evasion and support for tax transparency. It sprang from the innovative efforts of the region’s more advanced tax administrations (TAs), especially those that embarked on their modernization … [Read more...] about Electronic Invoicing: Lessons from Latin America
Call for proposals: digital tools in open code for subnational tax administration
Do you know of digital tools that can improve tax administration? This is your opportunity to share them and support development of our region! We are seeking new digital tools that allow subnational governments in Latin America and the Caribbean (LAC) to improve their tax administration. We aim to take advantage of and promote the potential of open code for supporting the … [Read more...] about Call for proposals: digital tools in open code for subnational tax administration
Participate in our call for proposals about subnational government financing research
Are you interested in topics related to subnational government financing? So this is your opportunity. The IDB, the ECLAC, the Banco de la República de Colombia and the Universidade Tecnológica de Bolívar have launched a call for proposals for unpublished academic studies that deal with the current situation and new challenges related to the subnational government financing … [Read more...] about Participate in our call for proposals about subnational government financing research
How to manage fiscal risks from state-owned enterprises
State-owned enterprises have long played a key role among governments as a tool to foster the development of certain industries or protecting certain strategic national interests. However, there is ample empirical evidence that such institutions may have been a source of substantial risks for their government owners, and that such risks have materialized in many cases, with … [Read more...] about How to manage fiscal risks from state-owned enterprises