Who really benefits from the Liquidity and Sustainability Facility?

Dear all,

We wanted to share a blog post on the Liquidity and Sustainability Facility (LSF). The LSF is a proposal developed by UNECA in partnership with PIMCO to provide financing to foreign investors in sovereign bond markets in Africa.
The analysis highlights the lack of transparency of the discussions surrounding the use of global public funds and the unacceptable conflict of interest of having PIMCO, a large asset manager, design the LSF while being able to profit from it. 
We hope that you find it of interest. 
Daniel Munevar
Senior Policy & Advocacy Officeremail: [email protected]
phone: + 32 2 893 46 45  | mobile: + 46 76 246 49 96Eurodad, Rue d’Edimbourg, 18-26 1050 Brussels | Belgium

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