The State of Qatar has been a long-standing donor and player in international development and to that effect committed QAR 3 billion (USD 824 million) in 2012. Qatar also established a Department for International Development in 2009 within the Ministry of Foreign Affairs. The Department's strategy and efforts fall in line with the overall strategy of the Ministry of Foreign Affairs. The government of Qatar also established the Qatar Development Fund in 2012 within the Ministry of Foreign Affairs for international development programmes and support. In April 2015, QDF signed an agreement to consolidate a USD 100 million QDF-financed loan to the Palestinian authority. Since 2013, Qatar is also supporting GPEI with a contribution of USD 30 million for vaccination in Syria and among Syrian refugees. In April 2013 Qatar hosted a donors’ conference on Darfur and raised USD 3.6 billion in pledges to finance the development of war-ravaged Darfur in west Sudan, where Qatar’s contribution amounted to USD 500 million.
The magnitude of aid offered by the State of Qatar is a clear reflection of the vision of the Qatari leadership to reduce the suffering of victims and achieve and support global partnerships for the achievement of the Millennium Development Goals in countries around the world
In January 2015, the State of Qatar announced a pledge of USD 10 million for the 2016-2020 programme. At the Global Vaccine Summitin June in 2020, Qatar pledged USD 20 million to Gavi, doubling its contribution: of which USD 10 million will support the Gavi core programme for 2021-2025 and USD 10 million finances the COVAX AMC as a new AMC donor.
Proceeds are funds made available to Gavi from donor contributions and commitments, either through cash payments made to Gavi, through frontloading via the capital markets of a future donor commitment to IFFIm, or through AMC funds released to Gavi via the World Bank. IFFIm proceeds are allocated over five-year periods coinciding with Gavi’s strategic periods. Proceeds for the current and future strategic periods are indicative until the end of each period and could be revised following changes in market conditions (interest rates or foreign exchange rates), the signing of new pledge(s) and/or changes in IFFIm’s disbursement profile.
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Direct Contributions (including Matching Fund)
Received contributions: non-US$ contributions for 2000-2020 and Q1-Q2 2021 are expressed in US$ equivalents using the exchange rates on the dates of receipt. For 2014-2020 and Q1-Q2 2021 where contributions were hedged to mitigate currency risk exposure, these have been expressed using the rates applicable to the hedge agreement.
Future contributions (for pledges made prior to the June 2020 donor pledging conference): non-US$ Direct Contribution and Matching Fund pledges for Q3-Q4 2021 and years 2022 and beyond are expressed in US$ equivalents using the applicable forecast rates from Bloomberg as at 30 June 2021 or using the rates applicable to any hedge agreement in place.
Future contributions (for pledges at the June 2020 donor pledging conference): non-US$ Direct Contribution and Matching Fund pledges for Q3-Q4 2021 and for years 2022 and beyond are expressed in US$ equivalents using the spot rates from Bloomberg as at 30 June 2021 or using the rates applicable to any hedge agreement in place.
Received contributions: non-US$ contributions for 2000-2020 and for Q1-Q2 2021 are expressed in US$ equivalents as confirmed by the IBRD (World Bank)
'Future contributions: non-US$ contributions for Q3-Q4 2021 and for years 2021 and beyond are expressed in US$ equivalents as follows:
For signed contribution agreements: contributions are expressed in US$ equivalents using the exchange rates at the time of signing the respective donor grant agreements.
For contribution agreements not yet signed: contributions are expressed in US$ equivalents using the applicable spot rates from Bloomberg as at 30 June 2021
Due to IFFIm’s nature as a frontloading vehicle, yearly contributions paid into IFFIm can differ significantly from yearly proceeds transferred to Gavi.
'While IFFIm grants are irrevocable and legally binding, they are subject to a Grant Payment Condition that can potentially reduce the amount due by the donor in the event that a Gavi-supported programme country is in protracted arrears with the International Monetary Fund. As of 29 June 2021, there is no longer any reduction applied, as all countries from the reference portfolio have cleared their arrears with the IMF.