Created in 2005, the External Finance Unit is the key Government entry point of external financing. The External Finance Unit provides development partners with a centralised interface; and, it offers guidance and leadership on how Development Partners can better align their support to Government priorities.
B. Main responsibility
The EFD's key responsibilities are:
- Mobilizing External Financing from traditional partners and non-traditional partners to complement domestic revenues in the National Budget. This financing includes;
1) Official Development Assistance (Grants & Concessional Loans) 2) Commercial loans to finance Government priorities (Sovereign Bonds)
- Mobilizing financing for the private sector from International financial institutions.
- Coordination of Development Partners through various forums
C. Action plans