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IFC Technical Assistance Facility for Latin America & the Caribbean June 19th, 2006

Municipal Capacity Building Fiscal benefits from private investments can make the difference at the local level Javier Aguilar - ELB Pillar Manager with Günther Schulz-Heiss, ELB Consultant. IFC Technical Assistance Facility for Latin America & the Caribbean June 19th, 2006.

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IFC Technical Assistance Facility for Latin America & the Caribbean June 19th, 2006

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  1. Municipal Capacity Building Fiscal benefits from private investments can make the difference at the local level Javier Aguilar - ELB Pillar Manager with Günther Schulz-Heiss, ELB Consultant IFC Technical Assistance Facility for Latin America & the Caribbean June 19th, 2006

  2. The company, the country, the neighborhood • Yanacocha is the source of half of all gold mined in Peru • The company’s contribution to the countries exports reached 25% in 2002 • Total output contributes more than 2% to Peru’s Gross National Product Minera Yanacocha and Peru: Peru and Cajamarca:

  3. Windfall Revenues for Municipal Governments

  4. The Use-less Mining Canon Unspent End-of-year Balance of Mining Canon at Cajamarca Provincial Govt

  5. Local Ownership Plus TA Can Unfreeze the Mining Canon

  6. Behind the figures:Real changes in people’s lives Kindergarten built with Mining Canon Funds in Tatar Grande Village, District of Los Baños del Inca, Cajamarca Farming techniques in rural neighborhoods of Los Baños del Inca need lots of improvement yet Mayor Pajares inspecting drainage works financed with Mining Canon resources in Los Baños del Inca District

  7. Sustained Progress only with Sustained Ownership District Mayor Pajares with advisors from IFC’s LAC Facility

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