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Blog Post
December 06, 2022
If the Biden administration wants to forge stronger bonds with African governments in the lead up to mid-December’s US-Africa Leaders Summit, it will have to focus on meeting the needs of those governments during a particularly difficult economic period. One useful but greatly underutilized instrum...
Blog Post
August 25, 2022
The existing MCC income cutoff is based on the robust principle that the best buys in global development are concentrated in the world’s poorest countries. (Indeed, when the Corporation started, it only worked in low-income countries for that reason). There is a declining marginal utility of a dolla...
Blog Post
June 23, 2022
The World Bank and other multilateral development banks are historically underutilized assets when it comes to USAID’s development objectives across a wide range of sectors and initiatives. We offer instead a set of recommendations that USAID could implement largely within its own purview, or with a...
Blog Post
November 19, 2021
I sat down with Randy Tift who, between 2017 and 2021, co-led USAID’s Effective Partnering and Procurement Reform (EPPR) process and launched the New Partnerships Initiative (NPI), under the leadership of then-USAID Administrator Mark Green. Randy is currently a Senior Associate at Oxford House. He’...
Blog Post
October 19, 2021
We’re already a few weeks into the new fiscal year, but nevertheless it’s good to see the House Foreign Affairs Committee has plans to delve into the FY2022 budget request for the Millennium Challenge Corporation (MCC), alongside the requests for DFC and the Peace Corps. Looking only at the topline ...
Blog Post
January 19, 2021
Last week DFC announced that it signed a framework agreement with the government of Ecuador to refinance up to $3.5 billion of the country’s external debt to China. In exchange, according to reporting by the Financial Times, the Ecuadorian government will commit to exclude Chinese companies from its...
Blog Post
October 08, 2020
While reflecting on DFC’s progress in implementing its core development mandate, and confronting the challenges posed the COVID-19 pandemic, we reached out to Senator Chris Coons (D-DE), a lead sponsor of the BUILD Act and a member of the Senate Foreign Relations Committee. We asked Senator Coons fo...