Term:
Direct Budget Support (DBS)
Definition:

Development agencies increasingly provide financial support to macro-level policies and to government budgets to assist the recipient through a programme of policy and institutional reform and implementation that promote growth and achieve sustainable reductions in poverty.
Direct Budget Support Agreements are the formal DBS instruments negotiated between the development agency and recipient government.

Domain:
Finance
Source:
OECD, 2006, DAC Guidelines and Reference Series Applying Strategic Environmental Assessment: Good Practice Guidance for Development Co-operation, OECD, Paris
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