30 June 2024 - Debt Management Facility Phase 3 Partnership Contract Ends
Our sister company Debt Relief International has been an implementing partner of the World Bank Debt Management Facility (DMF) run by the World Bank, ever since it was launched in 2008. Our phase 3 grant agreement to help the World Bank implement the programme began in January 2022, and between then and June 2024 we assisted in 10 missions, acting as one of the World Bank’s main partners in Francophone countries.
Six of these missions were Debt Management Performance (DeMPA) assessment missions, in which the mission assessed the debt management performance of the government in Burundi (June 2023), Cabo Verde ((March 2022), Madagascar (February 2023), Mauritania (November 2023), Niger (March 2022) and Togo (Sept 2022). Three of them were debt management Reform Plan missions arising out of earlier DeMPAs (Congo-Brazzaville in November 2023; DR Congo in April 2023; and Madagascar in July-August 2023); and one was a mission to help the government of Burundi prepare a Medium-Term Debt Strategy.
DRI's contribution to these missions has been productive and useful for enhancing political dialogue on debt in these countries, and strengthening their debt management capacities. Our grant expired on 30 June 2024, and we look forward to working with the Bank in future phases.