Administration Submits Report To Congress Outlining How New U.S. International Development Finance Corporation Will Work With USAID
Devex: Report outlines how new DFC and USAID will work together
“One of the final steps required before the opening of the new U.S. International Development Finance Corporation is now complete. The administration has submitted a coordination report to Congress outlining how the new institution will work with the U.S. Agency for International Development and other government agencies. … The report addresses the importance of links between the two agencies as key to the U.S. maintaining its leadership in international development and says that access to the DFC’s financing tools will be ‘critical’ to USAID’s ‘journey to self-reliance’ framework aimed at helping countries move past aid…” (Saldinger, 8/5).