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...
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...
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...