The Kingdom of Saudi Arabia is an important partner in development and humanitarian assistance, supporting programmes across Asia, Africa and other regions. Its assistance is delivered primarily through bilateral channels, including the Saudi Fund for Development and the King Salman Humanitarian Aid and Relief Centre (KSrelief), alongside support for multilateral institutions. Saudi Arabia’s international assistance spans health, food security, education, infrastructure and humanitarian response, including support for vaccination and polio eradication.
Saudi Arabia contributed US$ 25 million to Gavi for the 2016–2020 strategic period (Gavi 4.0) and US$ 5.3 million for the 2021–2025 strategic period (Gavi 5.0/5.1). During the COVID-19 pandemic, the Kingdom made a landmark contribution of US$ 150 million to the Gavi COVAX AMC. These contributions were channelled through KSrelief. Saudi Arabia’s sovereign contributions were complemented by private sector and philanthropic engagement, including funding for INFUSE projects from Al Waleed Philanthropies and contributions generated through Gamers Without Borders (GWB), an initiative from the Saudi e-Sports Federation. Private sector pledges and contributions have amounted to US$ 8.65 million to date.
As of 30 June 2024
Proceeds are the funds that Gavi receives from donor commitments, either through direct donor payments, funding raised in advance against future donor pledges through IFFIm, or AMC funds released by the World Bank.
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Notes:
Direct Contributions (including Matching Fund)
Received contributions: non-US$ contributions for 2000–2023 and Q1-Q2 2024 are expressed in US$ equivalents using the exchange rates on the dates of receipt. For 2014–2023 and Q1-Q2 2024, 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 Gavi Matching Fund pledges for Q3-Q4 2024 and for years 2025 and beyond are expressed in US$ equivalents using the applicable “forecast rates” from Bloomberg as of 30 June 2024 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 Gavi Matching Fund pledges for Q3-Q4 2024 and for years 2025 and beyond are expressed in US$ equivalents using the “spot rates” from Refinitiv as at 30 June 2024 or using the rates applicable to any hedge agreement in place.
IFFIm contributions
Received contributions: non-US$ contributions for 2000–2023 and for Q1-Q2 2024 are expressed in US$ equivalents as confirmed by the World Bank Group’s International Bank for Reconstruction and Development (IBRD).
Future contributions: non-US$ contributions for Q3-Q4 2024 and for years 2025 and beyond are expressed in US$ equivalents as follows:
General notes regarding IFFIm contributions:
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 donor’s amount due, in the event that a Gavi-supported programme country is in protracted arrears with the International Monetary Fund (IMF). Since 29 June 2021, no reduction applies, as all countries from the reference portfolio have cleared their arrears with the IMF.