Capital Markets Project

$28.47M USD

Funder	U.S. Agency for International Development
Recipient Organization	Financial Markets International Inc.
Country	Ukraine
Start Date	Jan 16, 2009
End Date	Aug 12, 2012
Duration	1,304 days
Number of Grantees	66
Roles	Recipient
Data Source	US Foreign Aid
Grant ID	`170745-76`

Grant Description

In 2005, USAID launched the Capital Markets Project (CMP), envisioned as the capstone on its 15-years of financial markets assistance.

CMP had three principal objectives: (i) strengthen the capacities of the financial market regulators to provide efficient and effective prudential regulation to the non-bank financial institution (NBFI) sector; (ii) broaden the range of financial instruments available for portfolio investments and market infrastructure development; and (iii) strengthen the capacities of pension fund providers, regulators, supervisors, and policy makers to establish an efficient and effective pension system.

The five-year project sought to assist Ukraine in creating a vibrant and effective financial sector as the basis for sustainable and more equitable economic growth and reduce the costs and risks to a sound pension system.