Technical Assistance for Government Debt Issuance and Management

$1.01M USD

Funder	Department of the Treasury
Recipient Organization	U.S. Government - Department of Treasury
Country	Eastern Africa Region
Start Date	Mar 04, 2012
End Date	Jan 12, 2017
Duration	1,775 days
Number of Grantees	2
Roles	Recipient
Data Source	US Foreign Aid
Grant ID	`141249-75`

Grant Description

Supports implementation of EAC-wide economic and financial market reforms and EAC convergence goals.

Objective is to support the EAC Regional Financial Markets Development Plan and help each of the countries efforts to attain standards related to monetary and economic reform which have been earmarked as priority convergence criteria.

The Regional Financial Markets Development Plans central focus is the harmonization of policy structures; standardizing fiscal, monetary and debt management frameworks; upgrading financial infrastructure, and building institutional capacity. A major EAC goal is increasing capital flows among the member countries.

Assistance focuses on developing comprehensive debt management frameworks; identifying and removing barriers to securities market development; enhancing market activity so that local financial markets can serve as an efficient mechanism for the implementation of fiscal policy and monetary operations in host countries - all of which support economic growth and free capital flows.