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Grant and contribution program

(S) Payments to International Financial Institutions – Direct payments (International Development (Financial Institutions) Assistance Act)

Department of Foreign Affairs, Trade and Development · International affairs and development

In fiscal year 2024–25, Department of Foreign Affairs, Trade and Development paid out $249 million under (S) Payments to International Financial Institutions – Direct payments (International Development (Financial Institutions) Assistance Act). That is $8.29 per tax filer.

Headline figures

Fiscal year 2024–25

$249M

$8.29per tax filer$6.04per person

Per tax filer uses 29,965,100 tax filers (2023, the latest count published); per person uses a population of 41,162,593 (2024). An allocation of cost, not a tax bill.

Largest recipients

The largest named recipients of payments reported under this program in 2024–25. Location is the recipient's address, which is not always where the money is spent. Recipient payments can differ slightly from the program total above because the Public Accounts report them separately.

Largest recipients of (S) Payments to International Financial Institutions – Direct payments (International Development (Financial Institutions) Assistance Act), 2024–25
RecipientLocationPaidPer tax filer
African Development BankTunis, Tunisia$123M$4.11
International Bank for Reconstruction and DevelopmentWashington, District of Columbia$40.4M$1.35
Asian Development BankManila, Philippines$30.1M$1.01
International Fund for Agricultural DevelopmentRome, Italy$25.0M$0.83
Caribbean Development BankSt. Michael, Barbados$20.4M$0.68
Multilateral Fund for the implementation of the Montreal ProtocolNairobi, Kenya$9.5M$0.32
Payments under $100,000 (2)Location not stated$53K<$0.01

Source and basis

← All international affairs and development spendingHow the figures are calculated