Policy Update

Spain approves new ODA contributions for addressing COVID-19 crisis

On July 21, 2020, the Spanish government’s cabinet (‘Consejo de Ministros’) approved several contributions to multilateral instruments and partner countries under the new €1.7 billion (US$1.9 billion) development plan, designed to address the COVID-19 crisis internationally.

These disbursements, which will be channeled as grants and loans by the Spanish Agency for International Development Cooperation (AECID) and the Spanish Development Promotion Fund (FONPRODE), include:

  • €33 million (US$37 million) in grants to multilateral organizations such as the World Health Organization, the Pan-American Health Organization (PAHO), the Food and Agriculture Organization, the World Food Program, UN Women, UNICEF, and the UN Office for the Coordination of Humanitarian Affairs (OCHA).
  • €85 million (US$96 million) in loans to Honduras, Peru, Colombia, Mali, and Senegal (some of this funding will be disbursed in collaboration with the Inter-American Development Bank and the World Bank).

​​​​Press release on new multilateral grants – MAEUEC (in Spanish)

Press release on new loans – MAEUEC (in Spanish)