Óscar Valencia is a Lead Economist in the IDB's Fiscal Division and head of the FISLAC project www.fislac.com - a platform that identifies macro, fiscal, and institutional risks in Latin America and the Caribbean. Prior to this, Óscar was the General Director of Macroeconomic Policy at the Colombian Ministry of Finance. He has served as technical secretary of the Independent Committee for Fiscal Rule in Colombia and as a member of several boards of directors in Colombian companies. He also