News
20 March 2018
Why the new US DFI deserves the development community's support
Region:
Americas
The proposed new US development finance institution included in President Donald Trump's FY2019 budget is potentially game-changing for the country's development finance. The proposal will consolidate several disparate DFIs, including the Overseas Private Investment Corporation, into one agency with updated authorities creating a US international development finance corporation.
It will include the ability to make equity investments, first loss and currency risk guarantees, and grants that help unlock larger investments.
