The EFSD Project Unit
The EFSD Project Unit is responsible for management of resources of the Fund, including:
- Running operations in the Fund member states, submitting applications for EFSD financial credits/ investment loans and grants to the Expert Council and the EFSD Council for review and approval, entering into Financial Agreements, performing disbursement of the EFSD funding resources, monitoring overdue debts of the borrowers under the Agreements, and ensuring EFSD financial credits/ investment loans repayments in accordance with the Agreements
- Evaluating applications for the EFSD funding to determine their compliance with the objectives of the Fund’s operations, with its purposes of funding, its lending policy and conditionality for the provision of funds, as well as priority and effectiveness of funding, depth of elaboration and other aspects, and preparing relevant appraisal reports on the above applications of member states.
- Organizing and carrying out social and economic analysis of the EFSD member states, providing technical assistance to the Fund's member states, including on stimulating economic growth, on management of monetary policies, on fiscal policy, debt sustainability and structural reforms.
- Coordinating and maintaining dialog with the Fund member states, with representatives of the member states on the EFSD Council, members of the Expert Council, Fund’s borrowers, including with the governments of the Fund’s states-borrowers, with their regional authorities and municipalities, with international financial organizations and development institutions, non-profits and civil society organizations, as well as ensuring availability of the EFSD-related information for all stakeholders in order to improve the performance efficiency of the Fund’s projects and programs and to enable positive engagement of civil society in their implementation.
Acting Managing Director, Operations Manager, EFSD Project Unit
Deputy Managing Director, Chief Economist, EFSD Project Unit
Deputy Managing Director, Head of Administrative Directorate, EFSD Project Unit