In keeping with the national capacity building programme in aid management, and audit and control started in 2010, the national manual of procedures for the management and control of public investment projects is now being finalised and will be released for official use shortly.

Following the DeMPA mission in 2009, the World Bank and DRI jointly conducted a debt management reform plan mission in DRC. After identifying needs, a series working sessions and bilateral meetings led to the formulation of a reform plan hinging on three main areas: governance, organisational structure, and operational risks.

DFI hosted an attachment for two WAIFEM staff.  It provided hands-on training of the BWI's Debt Sustainability Framework (DSF), with particular reference to the debt situations in WAIFEM member states. In addition, the attachment discussed policy issues of relevance to WAIFEM countries.

DFI was commissioned by the UN DCF to analyse the recent rapid growth of foundations and private philanthropy, and the potential advantages and disadvantages of this type of development financing. A half day meeting in New York discussed the findings and the potential for the UN to work with foundations to set best practice standards to improve the quality and results of philanthropy worldwide.

A joint Development Finance International, UNCTAD and The World Bank mission visited Khartoum, Sudan to conduct a Debt Management Performance Assessment (DeMPA) during February. The mission met with officials from the various agencies responsible for debt management and reviewed the way the various functions are performed to see whether they are in line with international standards. As required by the methodology, each dimension of the indicators was scored and a draft report was prepared during the mission and is being peer reviewed.

A joint DFI-World Bank mission was held in Comoros in order to put together a reform plan of debt management. The mission met with national institutions to identify capacity building activities in debt management in terms of governance, debt strategy, and operational risks.  Training was also provided in interpreting DSA results, report drafting, treasury management and operational risks. The reform plan was submitted to the national authorities who agreed to its implementation.

At the request of the Minister of Finance and Economic Planning, and financed by the Capacity-Building Trust Fund, a DRI mission visited Juba. The purpose of the mission was to provide independent advice to Government to help conduct a Debt Sustainability Analysis, Implement a technical capacity training program on issues such as risk and cost indicators, DSA methodology, and new financing issues among others. The mission also developed a medium term capacity building program for debt management.

At the request of the national authorities, a mission from DRI travelled to Sudan in order to assist the Government in its preparations for the HIPC Initiative. The mission had three main objectives: 1) Provide practical training to Government officials on the various aspects of debt relief and Debt Relief Analysis. 2) Assist officials in preparing for a National DRA Workshop in March of 2012 and 3) Assist Government to finalise preparations of the proposal, budget and results matrix for the 3-year Debt Strategy and Analysis Capacity Building Programme. The mission was part of a program being financed by the Government of Switzerland to support debt management in Sudan.

DFI participated in the UN delegation to the Busan High-Level Forum on Aid Effectiveness, on 29 November-1 December, to assist in side events on mutual accountability and aid allocation, and a meeting between the UN DCF and its stakeholders on the future architecture for sustainable development cooperation. For a copy of the Busan Declaration, click here. For an independent analysis of the outcome by the Better Aid coalition, click here.

DRI took part in a World Bank-led DeMPA mission in Bamako, Mali. Meeting with officials from the various agencies responsible for debt management, the mission focused on assessing Mali's debt management in keeping with DeMPA methodology. Preliminary results were presented to the authorities at the end of the mission.