Request for Proposal

August 30, 2022
Dear Mr./Ms.: Eligible Analyst

1. The Ministry of Finance of the Federal Democratic Republic of Ethiopia (hereinafter called “Client”) has received financing (hereinafter called “the funds”) from the Agence Française de Développement (AFD) toward the cost of analysts to provide support Debt Management and Analysis and Functions of the Ministry. The Client intends to apply a portion of the funds to eligible payments under the contract for which this Request for Proposals is issued.

2. The Ministry of Finance now invites proposals from individuals to provide the following Services: The analysts will work in the Analytics and Risk Team, contribute to the enhancement of the DMD in areas such as identifying functional bottlenecks, problem-solving, and/or quantitative analysis. More details on the Services are provided in the Terms of Reference (TOR).

3. The debt statistics analysts (Three Analysts) shall be selected under the quality-based selection method (qualifications and experience) and cost. The candidate should possess bachelor’s degree in economics, statistics or related fields with minimum GPA of 3.8 and above, up to 12 months of professional experience, excellent critical thinking and analytical skills, desire to innovate ..etc. The detailed required qualifications are stated in the Terms of Reference.
4. This Request for Proposals includes the following documents:
 This Letter of Invitation;
 The letter of Submission of the Proposal;
 Technical Proposal;
 Financial Proposal;
 Terms of Reference;
 Standard Form of Contract.

6. Your proposal shall comprise your Proposal Submission Form, a Technical Proposal (including curriculum vitae (CV)), a Financial Proposal net of taxes and the signed Statement of Integrity, and must be submitted to: agelgelu@mofed.gov.et with a copy to mezgebua2011@gmail.com, and btaye@mofed.gov.et by addressing to Ministry of Finance (MoF), Channel One programs Coordinating Directorate, MoF main building, sadist Killo, yekatit 12 Square, King George Avenue, 4th Floor, Room no.403, Addis Ababa, Ethiopia on or before September 21, 2022 at 3:00pm local time . If necessary, you may request any clarifications by sending an email to the same email address above before September 14, 2022 at 5:00 pm

Yours sincerely,

Terms of Reference
Debt Statistics Analyst: Support Debt Management Analysis and Functions of MOF

Ethiopia has witnessed a rapid economic growth performance over the last decade and a half. Despite the contribution of growth in the service and agriculture sectors, the observed growth has been, for the most part, fueled by public investment in critical infrastructures, such as energy and transport. Even if the rapid economic growth has led to significant poverty reduction, sustaining these achievements appears to be difficult. The country’s growth model has hit a problem due to vulnerabilities arising from the accumulated debt, slow export growth, and budget and time overrun in the country’s flagship projects. Acknowledging that these problems, unless addressed, could put a halt to Ethiopia’s development momentum, the government has launched a three-year reform agenda. This reform agenda, named the Home-Gown Economic Reform (HGER) agenda, has been launched in September 2019 and covers three broad reform areas of Macro-Financial Reform, Structural Reform, and Sectoral Reforms

The Government of Ethiopia (GoE) is undertaking a comprehensive effort to rebalance the country’s macro economy, as part of the Home-Grown Economic Reform (HGER) program and improve its government funding model through the strengthening of its sovereign and sub-sovereign debt management operations, analysis, and reporting.
Ministry of Finance (MoF) is one of the key macro institutions with mandates focusing on fiscal policy, public finance, and external economic cooperation. The Ministry of Finance is the primary agent of the GoE responsible for managing the country’s public debt portfolios. MoF, as enshrined by the Financial Administration Proclamation and the Financial Administration Regulations, ensures sustainable debt management and effective utilization of externally mobilized resources to promote prudent and sound management practices for both Federal Government and State-Owned Enterprises (SOEs) to enhance public finance effectiveness and transparency in the management of public resources.
As part of an AFD-financed project supporting the implementation of the HGER, in a plan to build capacity within relevant directorates, the Ministry of Finance is building an Analytics and Risk team to plan and execute strategic and analytical projects to support the Ministry of Finance Debt Management Directorate (DMD). This initiative is intended to pilot an agile team that can quickly deliver products and analysis while working across all directorate and functions involved in debt management processes, with the potential to integrate permanently into the debt management function as the Middle Office of the DMD, contingent on the success of the pilot.
As the entry point for new graduates or candidates with up to one year of work experience, the program is an extremely fast-paced and varied experience. After an initial 2-3 weeks of onboarding, Analysts will work in the Analytics and Risk Team, where they are expected to quickly take on increasing responsibilities. The Analyst will contribute to the enhancement of the DMD in areas such as identifying functional bottlenecks, problem-solving, and/or quantitative analysis. The Analyst will work in a team, playing an active role in all aspects of the engagement including gathering and analyzing information, formulating, and testing hypotheses, and developing and communicating recommendations with guidance and supervision from the team leader.
Resident within the MoF and reporting directly to the Team leader, the Analyst is expected to:

A) Conduct a wide range of analysis, drawing on best practices approaches used in public and private sectors and from international financial institutions and academia, to support debt management directorate function and senior management policy making.
B) Identify and acquire relevant quantitative and qualitative data using a range of applied and pragmatic techniques; quality control data to ensure validity and accuracy.
C) Support the collection, recording, and tracking of debt management data.
D) Identify and structure problems related to the Debt Management System of the DMD, develop key hypotheses and innovative solutions and apply suitable analytical frameworks and approaches to test these hypotheses and solutions with the guidance and supervision of the Team leader.
E) Proactively and frequently engage with DMD staff to seek inputs and enhance outputs, identify risks and issues affecting timely delivery of work streams, and promptly communicate upwards with solution options and recommendations.
F) Produce high-quality presentations and/or written documents.
G) Present ideas and respond to queries clearly and concisely in internal and external discussions.
H) Effectively manage operational activities (e.g., scheduling, logistical and financial organizations of field trips and workshops, procurement processes for delivery of work streams, etc.)
Required qualifications
• Bachelor’s degree in Economics, Statistics or related fields, with minimum GPA of 3.8 and above
• Up to 12 months of professional experience
• Excellent critical thinking and analytical (quantitative and qualitative) skills
• Strong interest in the general economic developments of Ethiopia
• Genuine intellectual curiosity and desire to innovate
• Collaborative mindset and team player
• Strong desire to learn, highly coachable, and values frequent constructive feedback
• Fluent in English and Amharic, with the ability to communicate complex ideas effectively - both verbally and in writing
Duration of employment
The duration of the contract is for project period based on a review of performance and availability funds (up to 18-20 Months or until May 31,2024 from contract signature)