On November 25, 2008, USAID Administrator and Director of U.S. Foreign Assistance Henrietta Fore and National Bank of Azerbaijan (NBA) Chairman Elman Rustamov signed a landmark $4.75 million co-financing agreement to strengthen the NBA’s risk-based supervisory oversight, human resource management, and IT systems. USAID will provide $4 million in funding support and the NBA will invest $750,000 in addition to significant in-kind contributions necessary for Financial Sector Stability Program (FSSP) implementation. The FSSP initiative will also expand the National Bank's macro/financial policy analysis capacity.