Technical Assistance for Government Debt & Infrastructure Finance - Madagascar

$24.7K USD

Funder	Department of the Treasury
Recipient Organization	Citibank, N.A.
Country	Madagascar
Start Date	Dec 28, 2019
End Date	Dec 05, 2021
Duration	708 days
Number of Grantees	22
Roles	Recipient
Data Source	US Foreign Aid
Grant ID	`142551-75`

Grant Description

The goal of this project is to broaden the Government of Madagascar's financing options and reduce the risks of unpredictable foreign borrowing by improving the Ministry of Economy and Finance's (MEF) capacity to transparently issue and manage public debt in the primary market for local currency denominated government securities.

Project activities will focus on 1) transitioning to market based auctions to improve transparency and reliability of funding and 2) enhancing the MEF's capacity to issue and manage the debt portfolio.