Payments to International Financial Institutions (IFIs)

Within the framework of "Payments to International Financial Institutions (IFIs)," Austrian contributions are provided as grants to multilateral financial institutions. This funding, effective since 08.10.2012 and available indefinitely, supports replenishments of soft financing windows as well as programmatic cooperation within the Foreign Trade and IFI Program of the Federal Ministry of Finance. The objective is to sustainably maintain and further develop the performance quality and efficiency of the IFIs. At the same time, the quality of official development assistance (ODA) is promoted, and the achievement of gender equality in the institutional structure and operational measures of the IFIs is advanced. The funding contributes to achieving the SDGs in line with the 2030 Agenda and strengthens Austria’s foreign trade interests in Vienna and beyond.

Eligible for funding are public institutions with Austrian membership in the IFIs, which can demonstrate a valid contractual agreement under the IFI Program and implement a predefined results measurement system. Funding is provided continuously; there are no application deadlines, enabling rapid allocation of funds. The focus lies on the thematic areas of foreign trade, development cooperation, foreign trade & trade fairs, as well as agriculture & rural development. Submitted applications are reviewed by the Federal Ministry of Finance, Department III/3 "International Financial Institutions." International financial institutions with contractual participation in the IFI Program may apply for funds at any time to secure their financial contributions to multilateral organizations and jointly advance globally effective development and economic policies.