10th Jun 2020, 1:12 PM – Senate Official Development Assistance Multilateral Replenishment Obligations (Special Appropriation) Bill 2019 - Third Reading - Pass the bill

The majority voted in favour of a motion to pass the bill. In other words, they voted to read it for a third time. Because it had already been read for a third time in the House of Representatives, it will now become law.

What does the bill do?

The bill was introduced to do the following:

Appropriates money from the Consolidated Revenue Fund to meet certain Official Development Assistance Multilateral Replenishment Obligations in relation to the World Bank’s International Development Association and debt relief schemes, including the Heavily Indebted Poor Countries Initiative and the Multilateral Debt Relief Initiative; the Asian Development Bank’s Asian Development Fund; the Global Environment Facility Trust Fund; and the Multilateral Fund for the Implementation of the Montreal Protocol.