The Fiscal Observatory of Latin America and the Caribbean (OFILAC) is an initiative of the
, especially by the Division for Economic Development, to contribute to improving
fiscal policy
In economics and political science, fiscal policy is the use of government revenue collection (taxes or tax cuts) and expenditure to influence a country's economy. The use of government revenue expenditures to influence macroeconomic variab ...
through the dissemination of studies and debate.
Financial support is provided by the Spanish Agency for International Cooperation and Development (
AECID).
Other partners of the Fiscal Observatory of Latin America and the Caribbean are:
GIZ,
AECID,
European Commission
The European Commission (EC) is the executive of the European Union (EU). It operates as a cabinet government, with 27 members of the Commission (informally known as "Commissioners") headed by a President. It includes an administrative body ...
,
IMF,
IADB,
OECD
The Organisation for Economic Co-operation and Development (OECD; french: Organisation de coopération et de développement économiques, ''OCDE'') is an intergovernmental organisation with 38 member countries, founded in 1961 to stimulate e ...
,
CIAT, and others.
OFILAC provides a platform for the analysis, discussion and follow-up of fiscal policy in Latin America and supports debating of fiscal subjects among fiscal authorities, international organizations and other experts in the subject.
References
{{reflist
External links
Official homepage of OFILACAECID
United Nations Economic and Social Council
Latin America and the Caribbean