January 25, 2021 The CSIS Economics Program is tracking commitments, approvals, and disbursements by major international financial institutions (IFIs) to meet the massive financing needs generated by the Covid-19 pandemic and its economic fallout. These IFIs include the International Monetary Fund (IMF), World Bank Group, and major regional development banks. We also include select regional financing arrangements (RFAs), which, together with the IFIs, central bank bilateral swap lines, and individual countries’ foreign reserve holdings, comprise the Global Financial Safety Net (GFSN). Based on data updated through December 31, 2020: 1. We estimate IFIs approved $237.2 billion in Covid-19-related support in 2020. The IMF approved $102.9 billion, including emergency assistance and precautionary lines of credit, while the multilateral development banks (MDBs) approved a combined $132.5 billion. MDB approvals are led by the European Investment Bank (EIB), which approved $39.1 billion, the World Bank, which approved $36.9 billion, and the Asian Development Bank (AsDB), which approved $15.5 billion in Covid-19-related support. We estimate RFAs approved only a combined $1.8 billion.