Noticias
27 February - Spotlight on Blended Finance
In a report co-published with Oxfam International, Eurodad focuses its new piece of research on blended finance. Combining official development assistance (ODA) with other private or public resources, in order to ‘leverage’ additional funds from other actors, “blended” finance has become a common development finance term over the last few years.
However, there is a level of confusion around the way this development finance mechanism operates, coupled with a relative lack of data from blending projects. With an aim to shed light on this concept, the report clarifies what blending is, how it works and how it is used. It identifies areas that are crucial to maximize the development impact of blending projects, while providing an assessment of the associated quantitative and qualitative risks.
15-24 February - DeMPA mission to Mozambique
A joint World Bank/DRI visited Maputo, Mozambique during the month of February, 2017. The objective of the mission was to assess the existing legal, institutional and technical environment in which debt management takes place in Mozambique using the DeMPA methodology. The mission met with government officials at the Ministry of Finance, Banco de Mozambique, Tribunal Administrativo, and the Stock Exchange and prepared a document that will be submitted for peer review and then to the Mozambican authorities for comments.
24-27 January - Fiscal Justice Capacity-Building Workshop, Lilongwe
DFI helped to facilitate an Oxfam Southern Africa workshop which aimed at designing programmes to achieve fiscal justice at regional and national levels. DFI presented on global, regional and national trends in tax policies, budget financing (aid and debt), and spending policies, and assisted Malawi, South Africa, Zambia and Zimbabwe to identify their priorities for future country and regional work. Among the key priorities emerging were a regional index on fiscal justice and inequality, incidence analysis, tax incentives, gender budgeting, and extractives revenue-sharing.
16-27 January - MTDS Mission to Senegal
DFI participated in a training and technical assistance mission at Senegal’s National Debt Committee in order to design a 5-year medium-term debt management strategy (MTDS), over the 2017-2021 period. The mission found that Senegal’s level of debt has grown at a steady rate since 2006. It also observed an increasing emphasis of commercial debt in its portfolio, despite the country’s priority to mobilise concessional resources to finance the projects laid out in the national development plan (Plan Sénégal Emergent).
The mission also found that the National Debt Committee’s significant technical capacity to develop a debt strategy was thwarted by a few issues: difficulties in following up the implementation of the strategy; a clash with other sectors’ strategic orientations fixed by the MTDS, communication and dissemination concerns, as well as problems with the publication of the strategy which remains to be approved by the political or ministerial authority.
5-14 December – Reform Plan Mission in Tajikistan
A joint World Bank/DRI visited Dushanbe, Tajikistan, with an aim to develop a debt management reform plan and present it to the authorities. The Reform Plan included the following areas: medium-term debt strategy, debt sustainability analysis, developing the domestic market, debt data and recording. The Plan also included a logframe to implement the proposed actions as well as a training program.
The mission met with government officials at the Ministry of Finance, Central Bank, and other institutions involved in debt management.
