DIB Launch

Under the patronage of His Excellency, President Mahmoud Abbas, the Finance for Jobs (F4J) project officially launched the First Palestinian Employment Development Impact Bond (DIB) on Tuesday, November 5, 2019, in Ramallah, Palestine. The design of the DIB was led by Social Finance UK and it will be implemented by DAI Global on behalf of the Ministry of Finance (MoF), funded by the World Bank, and in partnership with the DIB’s four investors: Palestine Investment Fund (PIF), European Bank for Reconstruction and Development (EBRD), FMO, the Dutch Entrepreneurial Development Bank, and Invest Palestine through the Chilean-Palestinian Diaspora Investment Fund "Semilla de Olivo".