What is Debt for Development Swap Programme

The Italian-Albanian Development Cooperation Programme includes a new instrument of financing innovative for Albania: the Debt for Development Swap Agreement (IADSA), which is meant to support the implementation of projects in the social sector proposed by the concerned Albanian Public Institutions and jointly agreed within the framework of the Italian-Albanian Development Cooperation Programme.

Eligible Projects must be based on the strategic priorities included in the National Strategy for Development and Integration, updated sectoral and crosscutting strategies and National Action Plan for Implementation of the Stabilization and Association Agreement (SAA) and related to the following priority sectors: education, VET, public health, social inclusion, employment generation, sustainable development of the territory in a long-term perspective in order to support job creation also in the rural areas of the Country.