Infrastructure Governance Review of Argentina

Oecd

OECD Journal on Budgeting, 2020, vol. 20, issue 1

Abstract: This review discusses infrastructure governance in Argentina in relation tothe OECD Framework for the Governance of Infrastructure. This reporthighlights recent improvements in the institutional framework, as well as themain reforms aiming to improve transparency and oversight ofinfrastructure investment, strengthening the role of the Chief of Cabinet ofMinisters in defining infrastructure investment objectives, and ensuringbetter articulation between the budget formulation process and the NationalPublic Investment System. However, it also underlines the weak planningcapacities at the national and subnational level and the need to develop along-term strategic vision based on assessed infrastructure needs, shiftingfrom a sector-oriented approach to a place-based approach forinfrastructure investment. This report also stresses that Argentina can havea more robust project prioritisation process, and the need to strengthen themulti-annual investment system to ensure value for money throughout thelifecycle of the project. This review was conducted in parallel with an OECDBudget Review of Argentina.

Date: 2020
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