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The IBSA countries — India, Brazil and South Africa — each contribute $1 million annually to the Fund in a spirit of partnership and support for Southern-led, demand-driven, transformational projects in developing countries.
India has contributed USD 1 million to a fund established by India, Brazil and South Africa which undertake projects aimed at alleviating poverty and hunger.
India News: India has contributed USD 1 million to a fund established by India, Brazil and South Africa which undertake projects aimed at alleviating poverty and hunger. Read more about India's contribution and the impact of the fund.
India's Permanent Representative to the UN Ambassador Ruchira Kamboj handed over the cheque of USD 1 million as a contribution towards the India, Brazil and South Africa Facility for Poverty and Hunger Alleviation Fund (IBSA Fund) to the Director of the UN Office for South-South Cooperation (UNOSSC) Dima Al-Khatib here on Monday.
India’s contribution to the IBSA Fund has cumulatively exceeded $18 million since the Fund was established in 2004 and became operational in 2006