[{"bbox": [96, 176, 1105, 205], "category": "Text", "text": "In conclusion, the relevant budget documentation has been published and the eligibility criterion is met."}, {"bbox": [85, 257, 604, 290], "category": "Section-header", "text": "# 3 DESCRIPTION OF THE ACTION"}, {"bbox": [85, 323, 509, 355], "category": "Section-header", "text": "## 3.1 Objectives and Expected Outputs"}, {"bbox": [96, 368, 1133, 447], "category": "Text", "text": "The **Overall Objective (Impact)** of this action is to contribute to a greener, sustainable and inclusive economic transition in the Dominican Republic. The action will support the implementation of the related priorities of the PNPSP."}, {"bbox": [96, 474, 614, 502], "category": "Text", "text": "The **Specific Objectives (Outcomes)** of this action are:"}, {"bbox": [96, 527, 1133, 583], "category": "Text", "text": "* SO 1 - Developed business environment and competitiveness of MSMEs with improved sustainable/green production practices, focused on women and youth, with a territorial approach."}, {"bbox": [96, 607, 1133, 685], "category": "Text", "text": "* SO 2 - Strengthened sustainable management of public finances, allocating resources in accordance with national development priorities and leading to an equitable distribution of national income, including transition to green PFM and PFM at local level."}, {"bbox": [96, 713, 1133, 741], "category": "Text", "text": "The **Outputs** to be delivered by this action contributing to the corresponding Specific Objectives (Outcomes) are:"}, {"bbox": [96, 767, 260, 795], "category": "Section-header", "text": "### Induced outputs"}, {"bbox": [96, 818, 1133, 874], "category": "Text", "text": "* IO 1.1 - Improved legal, regulatory and institutional frameworks related to business environment and competitiveness of MSMEs."}, {"bbox": [96, 898, 1133, 952], "category": "Text", "text": "* IO 1.2 - New services developed for MSMEs, in particular for women and youth entrepreneurs (contribute to SO 1)."}, {"bbox": [96, 977, 1133, 1032], "category": "Text", "text": "* IO 1.3 - Improved knowledge of MSMEs in relation to sustainable and green production practices and increased number of MSMEs that adhere to environmental regulations (contribute to SO 1)."}, {"bbox": [96, 1057, 1007, 1086], "category": "Text", "text": "* IO 2.1 - Improved PFM systems, including green PFM and PFM at local level. (contribute to SO 2)."}, {"bbox": [96, 1111, 335, 1139], "category": "Section-header", "text": "### Direct outputs of the BS"}, {"bbox": [96, 1163, 1133, 1218], "category": "Text", "text": "* DO1. Additional fiscal space created by the transfer of funds and increased predictability of funds. Financial transfers received from the EU under this sector reform contract will directly benefit the DR's general budget."}, {"bbox": [96, 1243, 1133, 1298], "category": "Text", "text": "* DO2. Policy dialogue better coordinated and more conducive for implementation of the PNPSP in the DR. Policy dialogue will continue with relevant authorities to ensure the effective implementation of the PNPSP."}, {"bbox": [96, 1323, 876, 1351], "category": "Text", "text": "* DO3. Improved dialogue and involvement with the private sector and relevant CSOs."}, {"bbox": [96, 1376, 1133, 1455], "category": "Text", "text": "* DO4. Improved policy monitoring and reporting. Authorities will be required to closely monitor the achievement of the PNPSP priority objectives and targets based on regular progress reports, supported by discussions at technical and political levels."}, {"bbox": [85, 1497, 368, 1525], "category": "Section-header", "text": "## 3.2 Indicative Activities"}, {"bbox": [96, 1542, 522, 1570], "category": "Text", "text": "Type of activities relating to Induced Outputs:"}, {"bbox": [96, 1595, 596, 1623], "category": "Text", "text": "* Activities relating to Induced Outputs 1.1, 1.2 and 1.3:"}, {"bbox": [1027, 1680, 1142, 1705], "category": "Page-footer", "text": "Page 13 of 31"}]