The Ministry of Industry and Commerce (MIC) and the World Bank signed a cooperation agreement to improve the management of the ministry on 1 March 2017. The agreement calls for the World Bank to conduct a survey and analysis of the current operation of the ministry, and then propose a strategy to achieve the desired objectives.
The senior public sector specialist for Latin America and the Caribbean for the World Bank, Joanna Alexandra Wadkins, explained to El Nacional newspaper that a diagnosis will be carried out on how the ministry is working now in terms of personnel, budget, division of work and whether there are functions that overlay those of other institutions. As a result of the study, the World Bank would make recommendations on how the Ministry of Industry and Commerce should function in the future.
2 March 2017
