The Ministry of Economy and Finance (MEF), through the Directorates of Investments, Concessions and State Risks (DICRE) and Investment Registration (DPI), led inter-institutional discussions in collaboration with the Ministry of Government (MINGOB) and the National Civil Service. Defense System (SINAPROC). This dialogue space focused on public investment and the Strategic Framework for Disaster Risk Financial Management.
During the day, MEF specialists shared information on basic topics. Francisco Álvarez, director of the MEF, spoke about contingent liabilities; Dilka Escobar, deputy director of DICRE, presented the strategic framework for the financial management of disaster risks; Dalila Rodríguez, head of the Investment Registration Department, addressed disaster risk reduction in public investment as a driver of sustainable economic development, and Evelin Rodríguez, head of the Development Department of the National Public Investment System, explained the operation of this system.
The SINAPROC team emphasized that adequate risk management is an important tool to increase the country’s resilience against phenomena such as floods, the severity of which has worsened due to climate change. He emphasized the importance of making an accurate diagnosis and improving infrastructure such as sewers, which would reduce the negative impact of disasters. The team appreciated the meeting because it shows added value that will benefit the country in the short, medium and long term.
For her part, Dilka Escobar emphasized the relevance of linking public investment with risk management within a common strategic framework. According to Escobar, it is essential to include risk analysis in public investment projects to guarantee the resilience of the infrastructure against adverse events.
The discussion highlighted the need to coordinate efforts between government institutions, to promote the financial protection of investment and the effective management of financial resources.
December 16, 2024