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International Finance Corporation World Bank

January 2007 to July 2009, International Finance Corporation/ The World Bank Group

The MIM Initiative (acronym in Spanish for “Improving Municipal Investment”) is an IFC sponsored project that helps civil
society organizations undertake a systematic monitoring of mining royalties flows and municipal investment in selected
municipalities in Peru.

MIM aims at promoting greater social accountability as a way of contributing to increase the impact of royalties-financed local public investment. In order to achieve this objective the project will provide support to civil society organizations in selected municipalities so that they can undertake a systematic monitoring of mining royalties flows and municipal investmen through the MIM, disseminate such information and promote an open discussion so as to achieve greater understanding of the mining royalties and municipal investments, and provide feedback to Mayors as to how their management of investment is perceived by the population.