DFI is assisting the Office of the Prime Minister to elaborate a Partnership Policy to define aid and “beyond aid” cooperation with its development partners. The first mission elaborated an issues paper describing the main policies to be adopted by Government. Future missions will help draft the Partnership Policy, discuss it with all stakeholders, and agree memoranda of understanding between government and partners on performance targets for aid delivery and cooperation beyond aid.

The Initiative for Policy Dialogue published a seminal study of how to avoid future developing country debt crises, to which DFI contributed a chapter on the experiences of Ethiopia. For more information click here.

DFI launched its new publication on the impact of the global financial crisis on private capital flows to LICs, at the Overseas Development Institute. To see the presentations and discussions at the meeting, go to the ODI website. To download the publication, click here.

DFI launched its new publication at a seminar at the IMF organized jointly by the Africa and SPR departments, and held discussions on future cooperation on private capital flows issues with various departments of the IMF and World Bank.

DFI participated in a meeting organised by the German government to discuss new regulatory frameworks to secure debt sustainability and mitigate adverse impacts of future debt crises. The meeting concluded that there was an urgent need for such regulatory frameworks.

DFI participated in a meeting at the BWI Annual Meetings to set priorities for future advocacy to be facilitated by the OIF. The meeting agreed that the key target meetings should be the G8/G20 and BWI meetings, and that the key subjects should be financing for development and debt.

DFI participated in a conference on the future of the G20 at the Brookings Institution, contributing views on the representation and participation of low-income countries, and how development should be discussed there. For the background position paper, please click here.

Oxfam on the impact of the global financial crisis on LIC budgets and MDG spending (see press release), and the Sierra Leone Finance Minister presented the conclusions of the G20 consultation on the future role of the IMF facilitated by DFI in Freetown and London in August 2009 (see communiqués).

DFI joined representatives of the AERC, African Development Bank and New Rules for Global Finance for a series of advocacy meetings with senior US government officials (Federal Reserve, Treasury and Congress) to transmit African views on forthcoming reforms to global financial regulation. Discussions were highly positive and produced a series of proposals for future cooperation. For a report on the outcomes, click here.

This meeting brought together government officials, CSOs and independent experts to discuss fair and transparent debt workouts. DFI contributed on the experience of HIPC relief and LIC views on the issues. The meeting concluded that urgent actions are need to make future debt workouts more orderly (see moderators summary)