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The Experience of Bogota

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Performance Budgeting

Part of the book series: Procyclicality of Financial Systems in Asia ((IMF))

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Abstract

During the decade 1993-2003, the city of Bogota made significant progress in many areas. Civic culture strengthened. The coverage of core social and public utility services expanded and their quality rose, improving poverty indices based on the coverage of these services. Crime rates declined. The existing transport system is being replaced by a faster and more efficient system based on articulated buses circulating on exclusive lanes. Schools and libraries were built with high-quality infrastructure in the poorest areas of the city. Public spaces were reclaimed and recreational areas expanded with the construction of parks.

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© 2007 International Monetary Fund

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Yaker, I.F. (2007). The Experience of Bogota. In: Robinson, M. (eds) Performance Budgeting. Procyclicality of Financial Systems in Asia. Palgrave Macmillan, London. https://doi.org/10.1057/9781137001528_22

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