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).