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Development Credit Authority ($ in thousands) Development Credit Authority Administrative Expenses Development Credit Authority Transfer Authority FY 2007 Actual 7,920 FY 2007 Supp FY 2008 Estimate
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What is development credit authority?
Development Credit Authority (DCA) is a program implemented by the U.S. Agency for International Development (USAID) that aims to mobilize private capital for development projects by providing partial credit guarantees.
Who is required to file development credit authority?
Development Credit Authority filings are typically carried out by organizations or entities seeking to access credit guarantees for their development projects, such as non-governmental organizations, enterprises, or government agencies.
How to fill out development credit authority?
To fill out a development credit authority application, interested parties must typically follow the guidelines and instructions provided by USAID. These instructions include completing the required forms, providing necessary supporting documentation, and submitting the application through the designated channels.
What is the purpose of development credit authority?
The purpose of development credit authority is to facilitate private sector investment in developing countries by reducing the risk associated with lending to traditionally underserved sectors or borrowers. This helps to stimulate economic growth, promote entrepreneurship, and address development challenges.
What information must be reported on development credit authority?
The specific information required for a development credit authority filing may vary depending on the nature of the project and the applicable guidelines. However, typical information to be reported includes project details, financial information, borrower profiles, risk assessments, and proposed uses of the funds.
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