MFAN Releases Statement On Administration’s Plan For New Development Finance Corporation

Modernizing Foreign Assistance Network: Plan for New U.S. Development Finance Corporation Includes Strong Role for Development
In a statement delivered on behalf of MFAN, Co-chairs George Ingram, Lester Munson, and Tessie San Martin discuss the Trump administration’s plan for the new Development Finance Corporation, stating that MFAN “is pleased that [the plan] prioritizes linkages with USAID, a strong chief development officer role, and a commitment to accountability.” The co-chairs also outline four recommendations for the agency’s reorganization plan: “ensure accountability for achieving development impact; establish strong linkages with development policies and agencies; lead in transparency; and provide appropriate resources” (3/14).