The UAE has pledged a substantial $200 million (AED 735 million) to support the Poverty Reduction and Growth Trust (PRGT), aligning with its commitment to Sustainable Development Goal 1 (SDG 1) of eradicating global poverty. The announcement was made during the International Monetary and Financial Committee (IMFC) Meeting, highlighting the UAE’s dedication to global humanitarian efforts and its pivotal role in supporting development initiatives. This contribution will significantly impact 69 qualifying countries, aiding their poverty reduction and sustainable development efforts.