Ifi Contribution Law 2011

Original Language Title: IFI-Beitragsgesetz 2011

Read the untranslated law here: https://www.global-regulation.com/law/austria/2997866/ifi-beitragsgesetz-2011.html

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119. Federal law on Austrian contributions to international financial institutions (IFI contribution Act 2011)

The National Council has decided:

§ 1. The Federal Government is involved in the restore populations of the resources of international financial institutions, in which the Republic of Austria is a member, with the following amounts:

 



1.



Twelfth General replenishment of the African Development Fund (ADF-XII)...



.. ………………………… 476 409 EUR 107



2.



Extraordinary replenishment of the African Development Fund (multilateral debt relief initiative - MDRI)...



10 756 626,86 special drawing rights (SDRS)



3.



Sixteenth General replenishment of the International Development Association (IDA-16)...



.. ………………………… 381 526 370 EUR



4.



Extraordinary replenishment of the International Development Association (multilateral debt relief initiative - MDRI)...



19 780 000,00 special drawing rights (SDRS) § 2. The Federal Government makes to the Trust Fund established by the International Development Association for highly indebted poor countries (HIPC Trust Fund) a contribution in the amount of EUR 13 981 721.

§ 3. The Federal Minister of Finance has to prepare a report on the activities and results of the international financial institutions referred to in paragraph 1 to the middle or at the end of the implementation period. This report is to provide the National Council for information.

§ 4. The Federal Minister of finance is entrusted with the execution of this Federal Act.

Fischer

Faymann