The Colombian Government has made significant progress in the implementation of effective processes, practices, and methodologies for public investment management (PIM). A 2011 IMF-published report ranked...
In 2016, the Colombian Government made the decision to implement spending reviews as a mechanism to improve the efficiency and quality of public expenditure in the context of tight fiscal restrictions...
Spending reviews offer a valuable tool to identify structural savings, while promoting the efficiency and effectiveness of public investment. Several OECD member countries have implemented such reviews...