Recent experiences in implementing integrated national financing frameworks for Latin American and Caribbean countries

This document analyses the contributions made in the region by integrated national financing frameworks (INFFs). It highlights their potential to make it easier to finance the SDGs and other national priorities, expediting resource mobilization and the alignment of public policies. Examples in the region include Colombia, where budget tagging was implemented and tools were created to engage the private sector; Costa Rica, where support was provided to develop a framework for issuing sovereign sustainable bonds; and the Dominican Republic, where efforts have been made to identify financial gaps and design innovative tools for implementing its national development strategy. The document also highlights the potential of INFFs in subnational governments, which play a crucial role in providing public services and could benefit from innovative financing alternatives and public-private partnerships. Lastly, it addresses the main labour market issues in the region and how INFFs could contribute to decent employment, tackling challenges such as labour informality, gender gaps and youth unemployment.