Payments to International Financial Institutions (IFIs)

Austria provides ongoing financial resources for multilateral development and financial institutions within the framework of replenishments of the “soft windows” as well as programmatic cooperation. The aim is to enhance the efficiency and quality of Official Development Assistance and to ensure gender equality both in the institutional structure and in operational areas. The Federal Ministry of Finance, Department III/3 “International Financial Institutions,” coordinates participation in the World Bank, European Investment Bank, and comparable institutions, and establishes strategic guidelines for Austrian expertise in international bodies. The funding type in the form of grants is provided without a fixed budget volume, allowing for a flexible response to global development needs.

This support is directed at all public multilateral development and promotional banks engaged in multilateral development cooperation. The funds are used in the context of the foreign trade program as well as IFI programming and IFI location policy to promote sustainable rural development, agricultural projects, and global trade. Through regular review of disbursement amounts and adjustment to current requirements, the funding contributes to the implementation of the SDGs of the 2030 Agenda. Interested institutions may submit applications on an ongoing basis, as there is no fixed deadline. Transparency regarding disbursed amounts is updated quarterly to ensure a reliable overview of all contributions made and to promptly consider recoveries or final settlements.