Local Development Forum
Micro and Small Finance Task Force

Micro and Small Finance Task Force (MSFTF)


The main purpose of the MSF TF is to act as a forum for information-sharing and coordination between donors and the PA. The key functions of the MSF TF are as follows:

 

  • assist donors in aligning assistance in relation to the PA national plans and strategies for the sector;
  • support the development and updating of sector strategies within the framework of national plans and budgets;
  • coordinate and harmonize donor assistance to prevent duplication;
  • carry out coordinated and strategic dialogue with the purpose of identifying PA priorities and the readiness/availability of the donor community to fund related programmes;
  • function as the main source of information for needs and achievements, donor funding and gaps in the agriculture sector;
  • develop joint indicators and sector reviews for sector monitoring and programme-based approaches.


The MSF TF reports to the Economic Strategy Group (ESG).

Membership in the group is limited to donors and other institutions (e.g. relevant non-governmental organizations, private sector organizations) who can add substantial financial or analytical value, as well as relevant PA institutions.

Composition

Co-Chairs:
Palestinian Monetary Authority (PMA) and the United States Agency for International Development (USAID).
Technical Advisor: United Nations Relief and Works Agency (UNRWA)
Members:
PA institutions: Ministry of Planning and Administrative Development (MoPAD), Palestinian Network for Small and Micro Finance (Sharakeh)
Donors: Office of the European Union Representative (EUREP), France, Germany, International Finance Corporation (IFC), Italy, the Netherlands, Switzerland, United Nations Development Program (UNDP)

Observer: Office of the Quartet (OQ)
Secretariat: Local Aid Coordination Secretariat (LACS)