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Monday, 26 July 2010 11:01

haiti-flag1A total of US$268 million owed by Haiti will be cancelled under the new Post-Catastrophe Debt Relief Trust Fund (more details here ) set up by the IMF to assist very poor, highly indebted countries hit by natural disasters. Haiti will also receive a US$ 60 million loan under the Extended Credit Facility over 3 years with zero interest rate until end-2011, and will benefit from a technical assistance package aimed at encouraging private credit and investment. For the IMF press release, click here.

 
Thursday, 22 July 2010 14:27

Latest analytical reports from The Gambia and Ghana are now available for download. The Gambia report tracks the unfolding impact of the global economic crisis, and the expansion of dynamic sectors including finance, real estate and tourism. The Ghana report describes the results of its pilot survey, and finds significant levels FDI and other investment.

 
 
 
Wednesday, 14 July 2010 10:28

Report_Secretary_General_NYThis forum analysed trends in aid quantity, effectiveness and allocation; accountability and transparency; South-South and decentralized cooperation; the impact of food, financial and climate crises on aid; and an agenda to improve aid beyond 2010. DFI contributed to drafting the UN Secretary-General's report to the meeting, which can be seen here. The results of the meeting will feed into the process of negotiating the September MDG Summit outcome document, as well as into the UN International Development Cooperation Report which will be published in September.

 
 
 
Friday, 09 July 2010 09:01

Report_senegaleSenegal successfully closed its first cycle of the FPC CBP in March with an impressive response rate of 80%. It is now releasing results in a comprehensive report which analyses collected data on investor perception and foreign private capital. Click hereto read the detailed analysis and subsequent policy recommendations.  Also in the region, Benin closed its first FPC CBP cycle with closing and dissemination workshop, thus completing their first national survey of foreign private capital and investor perception, with a high response 74.4% response rate. The country report with survey results and policy recommendations will soon be posted on this page. Future events in the Franc Zone will be Cameroon closing its second cycle, followed by other dissemination events Guinea Bissau, Niger and Togo.

 
 
 
Friday, 09 July 2010 08:58

Liberia has reached HIPC completion point. The World Bank and the IMF have agreed to cancel 90% of Liberia’s debt stocks, totaling US$4.6 billion. For more details, read the IMF press release. For the Jubilee Debt Campaign website, click here. Liberia is joined by the Democratic Republic of Congo, thus becoming the 30th country to reach completion point, and receiving US$12.3 billion of relief. For more details, read the IMF press release. In other news, decision point for Comoros has been reached under the enhanced HIPC Initiative. This is a step forward for Comoros to receive US$144.8 million in debt relief in PV terms. More information here.

 
 
 
Friday, 02 July 2010 14:57

In the last two months, DFI participated in 6 major events around the BWI Spring Meetings, led analytical preparations for the UN Development Cooperation Forum, helped the ONE campaign to hold donors accountable for aid, launched its latest book on Private Capital Flows to LICs, helped Uganda design a Partnership Policy, and conducted multiple regional and country capacity-building events. In the next few months we will develop proposals to reduce the debt burdens of Commonwealth Small and Vulnerable Economies; publish analyses for UNESCO and Oxfam of the impact of the global crisis on MDG spending; write the United Nations International Development Cooperation Report; and work with our regional partners to relaunch major capacity-building programmes on debt strategy and foreign private capital in Africa and Latin America. For more details, see below or read our E-NEWSLETTER

 
 
 
Wednesday, 16 June 2010 13:23

UNCTADDFI provided a resource person for UNCTAD at this workshop, the aim of which was to improve DRC’s methodology for monitoring FDI and TNC statistics.

 
 
 
Wednesday, 16 June 2010 14:01

This focussed on policy coherence for the MDGs, the role of foundations, CSOs and decentralised cooperation; mutual accountability and transparency; and the gender impact of aid.  DFI participated to share views on the issues and help finalise the UN Secretary-General’s report to the forthcoming DCF Ministerial Meeting in New York. For details of the meeting, click here.

 
 
 
Wednesday, 16 June 2010 14:04

This meeting, attended by representatives of developing countries, donors, CSOs and parliamentarians, discussed how to move forward on the Accra Agenda for Action commitment to increase international mutual accountability and transparency for aid. Based on the DCF review, it agreed a series of concrete steps to accelerate progress.

 
 
 
Wednesday, 16 June 2010 14:05

MauritaniaDFI participated in a DeMPA assessment mission led by the World Bank. It also met policy makers about continuing to provide its longstanding capacity-building support on debt management and potentially providing support on foreign private capital management

 
 
 
Wednesday, 16 June 2010 14:33

One ReportThis report tracks whether the G8 have lived up to their pledges on aid to Africa. It was published drawing extensively on the HIPC CBP data where countries have evaluated the performance of their donors. To see the analysis, click here.

 
 
 
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