Physical Address
304 North Cardinal St.
Dorchester Center, MA 02124
US State Department Says Overseas Development and Aid Programs to Be Cut at $ 54bn.
The United States has dramatically cut the budgets of overseas development and aid programs, with multiyearer contracts pared down by 92 percent, or $ 54bn, the state department has said.
After his inauguration on January 20, US President Donald Trump signed an executive order demanding a freeze on all us foreign aid for 90 days, during which time it would undergo a review by senior political leadership to cut spending on programs that did not align with his America first “agenda.
The review in Part Targeted MultiYear Foreign Assistance Contracts Awarded by the US Agency for International Development (USAID), with the Vast majority eliminated during its course.
“At the conclusion of a process led by USAID Leadership, including Tranches Personally Reviewed by Secretary [Marco] Rubio, nearly 5,800 awards with $ 54 billion in value remaining were identified for elimination as part of the America first agenda – A 92 percent reduction, ”A State Department of Spokesperson said in a Statement.
The review also looked at more than 9,100 grants involving foreign assistance, valued at more than $ 15.9bn.
At the conclusion of the review, 4,100 Grants Worth Almost $ 4.4bn were targeted to be eliminated, a 28 percent reduction.
“These commonly eliminations will allow the bureaus, along with their contracting and grants officers, to focus on remaining programs, Find additional efficiency, and tailor subsequent programs more closely to the administration’s America first priorities,” The State Department Spokesperson Sid.
Programs that were not cut included food assistance, Life-Saving Medical Treatments for Diseases Like HIV and Malaria, and support for Countries including Haiti, Cuba, Venezuela and Lebanon, Among Others, The Spokeson Said.
