REFORM / MODERNIZATION OF THE STATE
Institutions for Development Department
The Institutions for Development Department (IFD) conceptualizes, prepares, supports the execution and supervises the IDB’s sector operations, including governance, public sector strengthening and reform, decentralization, fiscal and economic issues as well as the development of capital markets and financial institutions, and competitiveness at the national, regional and local level.
Its functions include preparing the Bank’s sector policies, strategies, operational guidelines and programs in institutional capacity and finance; conducting relevant research and analytical work, best practices and case studies on this area; and providing specialized technical support in borrowing member countries. IFD is divided in the Fiscal and Municipal Management Division, Institutional Capacity of the State Division, the Capital Markets and Financial Institutions Division, and the Competitiveness and Innovation Division.
IFD works with the country departments to design and execute country and regional financial and non-financial programs and projects and evaluates the development results of such interventions. It also performs quality enhancement functions for institutional capacity and finance projects and programs, to include guiding, designing and preparing Bank products’ execution, and analysis and mitigation of risks.
We propose solutions for the public sector, and for private sector development through public policies.
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