EU Urged to Fill Development Finance's 'Gaps'

In the framework of the modernisation of EU development policy that aims at improving relevant policies and instruments to respond to current and future development challenges, the European Network on Debt and Development (Eurodad) emphasises the need for the EU to strike a balance between private and public sector support for development efforts and between loans and grants.

According to Eurodad, “added value could come from filling the gaps that other sources of development finance cannot fill, i.e. providing grant resources which are not forthcoming from other sources and provide public sector support,”.

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