IFC - International Finance Corporation

$12,600,000.00 CAD

≈ $0.30 for every person in Canada ≈ 163 Canadians' average pay for a year
Department
Global Affairs Canada
Program
Recipient country
Peru
Fiscal year
2009-2010
Agreement period
March 25, 2010 – September 30, 2018
Reference
CA-3-A034599001

Published purpose

This project contributes to more equitable economic growth for local populations in selected areas where extractive industries are active. In Peru, municipal governments receive a percentage of the natural resource royalties from mining and energy projects that operate close to the municipality. This project aims to improve the expenditure management capacities of municipalities receiving large transfers of extractive sector revenues in order to increase access to basic public infrastructure and services. It also aims to harness the potential of the extractive sector to generate sustainable private sector growth and to diversify local economies.

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View official source record Imported July 30, 2026 from Global Affairs Canada IATI data