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Blog Post
June 06, 2017
On June 5, President Trump announced his intent to nominate Ray Washburne as the President of the Overseas Private Investment Corporation (OPIC) and David Bohigian as Executive Vice President. OPIC, as America’s development finance institution, advances US foreign policy priorit...
Multimedia
May 16, 2017
With cuts to foreign aid on the horizon, the United States, now more than ever, needs to sharpen its tools to operate in a constrained budget environment. Key to this approach is a strong development finance institution that can leverage private investment to achieve development outcomes, as well as...
Blog Post
May 09, 2017
Congress has officially wrapped up the FY2017 appropriations process—a mere seven months behind schedule. Much has changed since last fall, including the rhetoric on US foreign aid spending from the sitting administration. And big questions have been swirling about whether the b...
BRIEFS
April 12, 2017
The US Development Policy Initiative at the Center for Global Development launched the Foreign Assistance Agency Briefs for a simple reason. Foreign assistance is in the spotlight, slated for significant budget cuts during the Trump administration, yet it remains poorly understood. The series of fiv...
BRIEFS
April 11, 2017
Since 1971, the Overseas Private Investment Corporation (OPIC) has served as the US government’s development finance institution. OPIC works to mobilize private capital to address development challenges while advancing US foreign policy priorities—furthering strategic, development, econo...
Blog Post
March 16, 2017
The budget just released zeroes out the Overseas Private Investment Corporation, the nation’s development finance institution. In an era where many government agencies are under threat, it may not be surprising that OPIC would come under fire. Yet, none of the arguments often used to justify k...
Blog Post
January 10, 2017
OPIC and CDC are among the largest bilateral development finance institutions (DFIs). They are designed to use their funds to attract more private capital into developing markets through, for example, lending or insuring projects against political risk. CEOs Elizabeth Littlefield and Diana Noble dis...