• Kingdom of Saudi Arabia
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  • Proceeds to Gavi from donor contributions & pledges (2016-2020) as of 30 September 2018

     

     

    Note: 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.

  • Contributions and pledges over time (US$ millions)

     

    Click on Direct, IFFIm, AMC or Matching Fund in the above key to toggle their data on the graph, click again to show the data
     

    Notes:
    Direct Contributions (including Matching Fund)
    Received contributions: non-US$ contributions for 2000-2017 and Q1-Q3 2018 are expressed in US$ equivalents using the exchange rates on the dates of receipt. For 2014, 2015, 2016, 2017 and Q1-Q3 2018, where contributions were hedged to mitigate currency risk exposure, these have been expressed using the rates applicable to the hedge agreement.

    Future contributions: non-US$ Direct Contribution and Matching Fund pledges for Q4 2018 and years 2019 and beyond are expressed in US$ equivalents using the applicable 'forecast rates' from Bloomberg as at 30 September 2018 or using the rates applicable to any hedge agreement in place.

    IFFIm contributions
    Received contributions: non-US$ contributions for 2000-2017 and Q1-Q3 2018 are expressed in US$ equivalents as confirmed by the IBRD (World Bank)

    Future contributions: non-US$ contributions for Q4 2018 and years 2019 and beyond are expressed in US$ equivalents as follows:

    • Where the contribution agreement has been signed: contributions are expressed in US$ equivalents using the exchange rates at the time of signing the respective donor grant agreements.
    • Where the contribution agreement has not yet been signed: contributions are expressed in US$ equivalents using the applicable 'forecast rates' from Bloomberg as at 30 September 2018.
    • These contributions have not been reduced by a notional 3% provision to allow for any potential reduction arising from the High Level Financing Condition of the IFFIm Finance Framework Agreement.

     

  • Funding history

    The Kingdom of Saudi Arabia is a major donor and a key partner in international development. More than 95 developing countries in Asia, Africa and other regions of the world have benefited from this aid. It covers un-repayable and unconditioned assistance provided by the Saudi Fund for Development. The Kingdom provides aid through different channels, mainly the Saudi Fund for Development, which acts as the major channel for economic and social development aid. In addition, the Kingdom contributes to multilateral, regional and international development funds such as the World Bank, the Arab Fund for Economic and Social Development, the Islamic Development Bank, and the OPEC Fund for International Development etc. The Kingdom is an advocate of humanitarian assistance providing aid for vaccination and matters such as the eradication of poverty, famine and polio amongst other important issues.

    In January 2015, Kingdom of Saudi Arabia announced a pledge of USD 25 million, which is earmarked for Gavi’s programme in Yemen for 2016-2020.

    Contributions and pledges in total:

    • New pledge (2016-2020): USD 25 million (doubled by the Bill and Melinda Gates Foundation).
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