Federal Ministry of Economic Cooperation and Development or Bundesministerium für wirtschaftliche Zusammenarbeit und Entwicklung in German
PEGNet was founded in 2005 as a joint initiative of the Kiel Institute for the World Economy (IfW), Germany's Federal Ministry for Economic Cooperation and Development (BMZ), its implementing agencies GIZ and KfW Entwicklungsbank as well as the universities of Göttingen and Frankfurt.
BMZ |
The moving average rate procedure has been developed in the 80s on behalf of the German Federal Ministry of Economic Cooperation and Development (BMZ) to properly account for the funds made available to the public implementing agency GIZ.