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Daily Archives: August 29, 2008

Treasury: First Annual Report on the Latin America Small Business Lending Initiative

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U.S. Treasury: First Annual Report on the Latin America Small Business Lending Initiative (PDF), August 29, 2008.

  • “The three-part initiative is jointly supported by the U.S. Treasury Department, the Inter-American Development Bank (IDB), and the Overseas Private Investment Corporation (OPIC). Each of these entities has complementary roles to play in the Initiative. The first pillar attempts to bridge the information gap that often prevents banks from lending to small companies through the introduction of new lending models tailored to small firms. Banks need the tools to assess the value and risk of lending to smaller companies that do not have traditional collateral structures or formal financial statements. In order to help build capacity for banks to quickly and accurately assess the credit quality of small companies, the Multilateral Investment Fund (MIF), an arm of the IDB, has provided technical cooperation grants to local banks to strengthen their capacity in lending to the small business sector. This assistance includes consulting services related to credit officer training, material development, software and computer equipment, and credit scoring systems.”

    • New GAO Reports: FAA Airspace Redesign, Grants Management, Military Personnel

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    FAA Airspace Redesign: An Analysis of the New York/New Jersey/Philadelphia Project, GAO-08-786, July 31, 2008 Grants Management: Attention Needed to Address Undisbursed Balances in Expired Grant Accounts, GAO-08-432, August 29, 2008 Military Personnel: DOD’s and the Coast Guard’s Sexual Assault Prevention and Response Programs Face Implementation and Oversight Challenges, GAO-08-924, August 29, 2008 Continue Reading

    Treasury: Preliminary Annual Report on U.S. Holding of Foreign Securities

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    Preliminary Annual Report on U.S. Holding of Foreign Securities, August 29, 2008. “Preliminary data from an annual survey of U.S. portfolio holdings of foreign securities at year-end 2007 are released today and posted on the U.S. Treasury web site at here (209 pages, PDF). Final survey results, which will include additional detail as well as… Continue Reading