KOICA Applies ‘New Deal’ in DR Congo for the First Time
Korea International Cooperation Agency (KOICA), the lead Korean government agency dedicated to grant aid programs, embarked on the implementation of New Deal in the Democratic Republic of the Congo.
The “New Deal” (New Deal for Engagement in Fragile States) is a global policy agreement adopted during the 4th High-Level Forum on Aid Effectiveness in 2011 at Busan, Korea to support fragile and conflict-affected states.
Empowering fragile countries to transition out of fragility is the core value of the New Deal. It is basically focused on strengthening the initiative and capacity of fragile states, improving the trust between donor and recipient countries and enhancing the cooperation among donor countries.
* Fragile States are countries that lack the will and capacity to overcome poverty and foster development. Their unstable environment in assistance hinders aid effectiveness and achievement of the Sustainable Development Goals (SDGs).
As part of that, KOICA signed a Memorandum of Understanding (MOU) with the United Nations Development Program (UNDP) on the project for improving personnel management system and strengthening governance of DR Congo last december. Initiated in January 2018, the project is supported with $US 2 million from KOICA and $US 200,000 from UNDP and will be lasted until 2019.
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