Development Finance International
2012-16 Latin American Capacity Building Programme in Public Debt Management
Managed by CEMLA and funded by the Secretariat for Economic Cooperation of the Swiss Government, the Capacity Building Programme in Public Debt Management (PDP) was launched in 2012 to deliver tailor-made capacity-building support in public debt management to Latin American countries. The five-year programme will aim at assisting LIC and MIC LAC countries to maintain debt sustainability and improve debt and macroeconomic management through improved national debt and new financing strategies capable to effectively respond to the impacts of the financial crisis. Initial Demand Assessment Missions have already been conducted to several countries and will be completed in Q1/Q2 2013.
January-December 2013 – Strengthening National Mutual Accountability Mechanisms
DFI will be supporting the UN Department of Economic and Social Affairs and UNDP to implement programmes to strengthen national mutual accountability mechanisms for development cooperation and its results in 4 pilot African countries during 2013. The work builds on the earlier global analysis of MA progress and DFI’s experience in providing MA support to more than 30 low- and middle-income countries.
February 2013 - The Preferred Partner? AfDB Client Assessment Report To Be Published
The report of the client assessment organised by DFI for the African Development Bank is due to be published in February. The report finds that the AfDB is “a preferred partner” of its African clients compared to other funding organisations, and makes recommendations on strategy, resources, delivery, private sector support, becoming a “Policy Bank”, and reinforcing engagement with stakeholders, based on clients’ suggestions, to assist the Bank to become the preferred partner of its clients under its long-term strategy for 2013-22.
January-February 2013 - Debt Policy Mission in South Sudan
DFI conducted the final debt policy support mission to support the Ministry of Finance and Economic Planning in South Sudan. The mission, funded by the joint donor Capacity Building Trust Fund, had three aims: to finalise the South Sudan Debt Policy for approval by the Government; to finalise plans for institutional strengthening and capacity-building support on debt management to be provided to Government institutions as well as Parliament; and to provide any updated short-term advice on current borrowing issues.
22 January 2013 - Green Light for an EU FTT
The EU Council adopted a decision authorising eleven Member States - including the 4 biggest Eurozone economies Germany, France, Italy and Spain to go ahead with enhanced cooperation on a common system of financial transaction tax. A subsequent Commission proposal for a Council Directive implementing the enhanced cooperation in the area of financial transaction tax should follow in due course. Check progress on the Robin Hood Tax website.
