Each of the IBSA’s members annually assigns $ 1 million to the Fund.

The IBSA Fund is a unique vehicle in the context of South-South cooperation.

The IBSA countries contribute $1 million each annually to the Fund, which till January 2015 has accumulated to $28.2 million, with total implemented/approved projects commitment of $26.2 million, and remaining $2.09 million available for programming.

Available: http://thebricspost.com/indian-cabinet-approves-tripartite-agreement-to-boost-ibsa-fund/#.Vk62OCuRQX9