Department of the Treasury Budget in Brief

International Programs

Program Summary

Dollars in Thousands

FY 2016 

Enacted 

FY 2017 

Annualized 

CR Rate 1/ 

FY 2018 

Request 

FY 2017 to FY 2018

$ Change % 

Change

Multilateral Development Banks (MDBs) $1,816,477 $1,813,024 $1,348,123 ($464,901) -25.64%

International Development Association (IDA) $1,197,128 $1,194,852 $1,097,010 ($97,842) -8.19%

Int'l Bank for Reconstruction and Development (IBRD) $186,957 $186,602 $0 ($186,602) -100.00%

Inter-American Development Bank (IDB) $102,020 $101,827 $0 ($101,827) -100.00%

African Development Fund (AfDF) $175,668 $175,334 $171,300 ($4,034) -2.30%

African Development Bank (AfDB) $34,118 $34,053 $32,418 ($1,635) -4.80%

Asian Development Bank (AsDB) $5,608 $5,598 $0 ($5,598) -100.00%

Asian Development Fund (AsDF) $104,977 $104,777 $47,395 ($57,382) -54.77%

North American Development (NADB) $10,000 $9,981 $0 ($9,981) -100.00%

Food Security $74,930 $74,787 $30,000 ($44,788) -59.89%

Global Agriculture and Food Security Program 

(GAFSP) $43,000 $42,918 $0 ($42,918) -100.00%

Int'l Fund for Agricultural Development (IFAD) $31,930 $31,869 $30,000 ($1,869) -5.87%

Environmental Trust Funds $398,563 $397,806 $102,375 ($295,430) -74.27%

Clean Technology Fund (CTF) $170,680 $170,356 $0 ($170,356) -100.00%

Strategic Climate Fund (SCF) 2/ $59,620 $59,507 $0 ($59,507) -100.00%

Global Environment Facility (GEF) $168,263 $167,943 $102,375 ($65,568) -39.04%

Treasury Office of Technical Assistance (OTA) $23,500 $23,455 $25,455 $2,000 8.53%

TOTAL $2,313,470 $2,309,072 $1,505,953 ($803,119) -34.78%

1/ The FY 2018 President's Budget references the FY 2017 Annualized Continuing Resolution (CR) rate levels for Treasury 150 programs, 

since full-year FY 2017 appropriations for these accounts were not enacted at the time the Budget was prepared. 

2/ Includes transfer from the Economic Support Fund, as required by sec. 7060(c)(5) of the Consolidated Appropriations Act, 2016.
Department of the Treasury Budget in Brief

Summary

The Treasury Department requests $1.5 

billion for International Programs in FY 2018. 

To help move the Nation toward fiscal 

responsibility, prioritize our military and 

domestic needs here at home, and focus on 

critical strategic objectives internationally, we 

will support the most critical investments in 

multilateral development institutions that 

provide strong benefits for taxpayers, while 

ensuring that U.S. contributions are set at an 

appropriate level relative to our partner 

countries. These investments by Treasury’s 

International Programs strengthen U.S. 

national security by advancing a more secure, 

economically prosperous, and democratic 

world.

Multilateral Development Banks

Our request includes $1.3 billion for the 

multilateral development banks (MDBs). The 

MDBs play key roles in the effort to increase 

global economic growth and reduce poverty, 

which advances U.S. foreign policy objectives 

of sustaining peace and stability, promoting 

security, and combatting terrorism.

The request also includes $1.6 billion to fully 

meet annual replenishment commitments to 

the World Bank’s International Development 

Association (IDA), the African Development 

Fund (AfDF), and the Asian Development 

Fund (AsDF). 

International Development Association 

(IDA): $1,097 million in support of IDA 

programs over the eighteenth replenishment 

(IDA-18; FY 2018 – FY 2020), including 

towards the first of three installments to IDA18.

African Development Fund (AfDF): $171.3 

million in support of AfDF programs over the 

fourteenth replenishment (AfDF-14; FY 2018 

– FY 2020), including towards the first of 

three installments to AfDF-14. Together, 

these IDA and AfDF levels reduce the U.S. 

commitment by approximately $650 million 

over three years compared to the previous 

Administration’s pledges, while retaining the 

U.S. current status as a top donor at these 

institutions. 

African Development Bank (AfDB): $32.4 

million for the purchase of 2,170 shares 

towards the seventh of eight installments 

under the AfDB’s Sixth General Capital 

Increase (GCI-6). 

Asian Development Fund (AsDF): $47.4 

million in support of AsDF programs over the 

eleventh replenishment (AsDF-12; FY 2018 –

FY 2021), including towards the first of four 

installments to AsDF-12. 

North American Development Bank (NADB): 

Treasury is not requesting funding for NADB 

due to budget constraints, and in recognition 

that Congress has not provided authorization 

for NADB for the current general capital 

increase.

Food Security

International Fund for Agricultural 

Development (IFAD): $30.0 million for the 

third of three installments towards IFAD’s 

tenth replenishment (IFAD-10).

Global Agriculture and Food Security 

Program (GAFSP): Treasury is not 

requesting funding for GAFSP as no new 

funding is required in FY 2018, since the 

2012 pledge period is over, the United States 

has sufficient funding to meet its pledge, and 

other donors’ support has been limited.

Environmental Trust Funds

Global Environment Facility (GEF): $102.4 

million toward the fourth of four installments 

to the sixth replenishment of the Global 

Environment Facility (GEF-6).
Department of the Treasury Budget in Brief

Green Climate Fund (GCF): Treasury’s 

request eliminates U.S. funding for GCF in 

FY 2018, in alignment with ending the Global 

Climate Change Initiative (GCCI) and with 

the President’s promise to cease payments to 

the United Nations’ climate change programs.

Clean Technology Fund (CTF): Treasury is 

not requesting funding for the Climate 

Investment Funds (CIFs), including the CTF, 

reflecting the completion of the $2 billion 

U.S. commitment to the CIFs in FY 2016 and 

the intention not to provide any further U.S. 

contributions, in alignment with eliminating 

the GCCI. 

Strategic Climate Fund (SCF): Treasury is 

not requesting funding for the CIFs, including 

the SCF, reflecting the completion of the $2 

billion U.S. commitment to the CIFs in FY 

2016 and the intention not to provide any 

further U.S. contributions, in alignment with 

eliminating the GCCI. 

Treasury Office of Technical Assistance

Treasury Office of Technical Assistance 

(OTA): $25.5 million to support OTA’s work 

to provide developing and transitional 

countries with the knowledge and skills 

required to strengthen revenue collection, 

plan and execute budgets, manage debt, build 

sound banking systems, and develop strong 

controls to combat economic crimes and 

terrorist financing regimes.