Quick Facts

Countries:
Where the impacts of the investment may be experienced.
  • Guatemala
Location: Jalapa
Whenever identified, the area within countries where the impacts of the investment may be experienced. Exact locations of projects may not be identified fully or at all in project documents. Please review updated project documents and community-led assessments.
Banks:
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
  • Inter-American Development Bank (IADB)
Status: Approved
Bank Risk Rating: B
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Board Decision Date: 2016-12-07
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Borrower or Client: Republic of Guatemala
The holder of the loan, grant, or other investment.
Sectors:
The service or industry focus of the investment. A project can have several sectors.
  • Law and Government
Investment Type(s): Loan
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD): $ 60.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Project Cost (USD): $ 60.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.

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Primary Source

Original disclosure @ IADB website
Updated in EWS: 2017-07-20
Disclosure Date: 2016-03-10
Strengthening and Modernization Program of the Public Prosecutor
IADB-GU-L1095

Project Description
FROM IADB: This project aims to enhance the efficiency of the Office of the Public Prosecutor (MP) in order to help reduce impunity in Guatemala. This objective will be achieved by: (i) boosting efficiency in the processing of complaints and cases; (ii) increasing the quality of motions for indictment submitted to judges; and (iii) reducing internal response times and speeding assistance to the public. In accordance with the IADB's policies, the program is classified as a category “B” operation: The potential adverse socio-environmental impacts stem from the construction of buildings for public use and are not significant: they will be addressed with mitigation and control measures that are widely known in the country and can be readily implemented, relating to workplace safety and risks during the construction phase. None of the works planned under the program will require resettlement.
Investment Description
The total cost of the project amounts to US$60 million, and it will be financed with a specific investment loan using resources from the IADB's Ordinary Capital. The loan’s disbursement period will be five years.
Contact Information
ACCOUNTABILITY MECHANISM OF IADB The Independent Consultation and Investigation Mechanism (MICI) is the independent complaint mechanism and fact-finding body for people who have been or are likely to be adversely affected by an Inter-American Development Bank (IDB) or Inter-American Investment Corporation (IIC)-funded project. If you submit a complaint to MICI, they may assist you in addressing the problems you raised through a dispute-resolution process with those implementing the project and/or through an investigation to assess whether the IDB or IIC is following its own policies for preventing or mitigating harm to people or the environment. You can submit a complaint by sending an email to MICI@iadb.org. You can learn more about the MICI and how to file a complaint at http://www.iadb.org/en/mici/mici,1752.html (in English) or http://www.iadb.org/es/mici/mici,1752.html (Spanish).
Bank Documents