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    US cutting foreign aid budgets by more than 90%, Trump administration says | Poverty and Development News

    Team_NewsStudyBy Team_NewsStudyFebruary 27, 2025 Latest News No Comments2 Mins Read
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    US State Division says abroad growth and assist programmes to be lower by $54bn.

    The USA has dramatically lower the budgets of abroad growth and assist programmes, with multiyear contracts pared down by 92 %, or $54bn, the State Division has stated.

    After his inauguration on January 20, US President Donald Trump signed an government order demanding a freeze on all US overseas assist for 90 days, throughout which era it might endure a assessment by senior political management to chop spending on programmes that didn’t align together with his “America First” agenda.

    The assessment partly focused multiyear overseas help contracts awarded by the US Company for Worldwide Improvement (USAID), with the overwhelming majority eradicated throughout its course.

    “On the conclusion of a course of led by USAID management, together with tranches personally reviewed by Secretary [Marco] Rubio, practically 5,800 awards with $54 billion in worth remaining have been recognized for elimination as a part of the America First agenda – a 92 % discount,” a State Division spokesperson stated in an announcement.

    The assessment additionally checked out greater than 9,100 grants involving overseas help, valued at greater than $15.9bn.

    On the conclusion of the assessment, 4,100 grants price virtually $4.4bn have been focused to be eradicated, a 28 % discount.

    “These commonsense eliminations will enable the bureaus, together with their contracting and grants officers, to give attention to remaining applications, discover further efficiencies, and tailor subsequent applications extra intently to the Administration’s America First priorities,” the State Division spokesperson stated.

    Programmes that weren’t lower included meals help, life-saving medical remedies for ailments like HIV and malaria, and help for international locations together with Haiti, Cuba, Venezuela and Lebanon, amongst others, the spokesperson stated.



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