- Conduct consultations with development partners and funding agencies to identify development assistance strategies and priorities.
- Co-ordinate Annual Country Partnership Programming activities of the development partners in consultation with the line Ministries/Agencies.
- Prepare project pipelines for foreign financing in consultation with the line Ministries/Agencies, and National Planning Department.
- Co-ordinate activities of donor missions from the fact finding stage to the appraisal stage.
- Negotiate financing assistance and make arrangements for signing of loan/grant agreements and make them effective. Activities involved;
- conduct loan negotiations with the development partners & lending agencies;
- obtain Government approval and authority for signing of agreements;
- sign subsidiary loan agreements with the implementing agencies; and
- fulfil conditions prior to effectiveness of the loan agreements.
- Oversee implementation of projects funded by development partners by;
- coordinating activities connected with the review missions fielded by the development partners and follow-up on actions recommended;
- participating in Steering Committees set-up by the line Ministries to monitor implementation of foreign funded projects and reviewing implementation of projects jointly with the development partners;
- Manage foreign training opportunities provided by donors under Technical Cooperation Programmes
- Manage Government external debt by
- Maintaining Government debt portfolio via debt management system (CS-DRMS)
- Record relevant information of loan payment conditions and covenants
- Record Loan/Grant commitments, Disbursements and interest/principal payments, Exchange rates, interest rates and relevant macroeconomic data
- Authorizing debt service payments to CBSL to settle payment on time
- Forecasting debt service for fiscal management and other decision making
- Disseminating debt data to relevant institutions for accounting and for publications
- Report relevant debt data to World Bank on quarterly basis and annual basis
- Publish debt data in ERDs website for public use and for other stakeholders
- Reconciling debt data with development partners to improve the data quality
- Compile and analyse debt data as and when required
- Arranging domestic currency financing for working capital and development requirement on request
- Facilitate annual budget preparation process of the Government in respect of each foreign funded development projects
