Participation of the Slovak Republic on the Multilateral Debt Relief Initiative (Additions to Resources FY2018 through FY2028)

€650K EUR

Funder	Ministry of Foreign and European Affairs of the Slovak Republic
Recipient Organization	International Development Association - Multilateral Debt Relief Initiative
Country	Global
Start Date	Nov 13, 2017
End Date	Dec 31, 2028
Duration	4,066 days
Number of Grantees	1
Roles	Accountable
Data Source	IATI Dataset
Grant ID	`XM-DAC-69-3-2017000270`

Grant Description

The countries contributions within the MDRI Initiative\xa0constitute the compensation\xa0received by the\xa0International Development Association\xa0for the complete debt relief provided by IDA\xa0in favour of the poorest countries of the world.\xa0The Multilateral Debt Relief Initiative is designed to give highly indebted poor countries an additional incentive to push ahead with their reforms. During the period 2007 - 2017, the Slovak Republic has provided EUR 640,000 to the MDRI.