The US agency distributes tens of billions of dollars’ worth of aid every year and is a key tool to promote soft power around the world
The USAid agency administers billions in foreign aid but Donald Trump does not believe it aligns with his ‘America first’ policy and has entrusted Elon Musk among others to help conduct a purge of the agency.The USAid agency administers billions in foreign aid but Donald Trump does not believe it aligns with his ‘America first’ policy and has entrusted Elon Musk among others to help conduct a purge of the agency.
The CRS said USAid helps “strategically important countries and countries in conflict; leads US efforts to alleviate poverty, disease, and humanitarian need; and assists US commercial interests by supporting developing countries’ economic growth and building countries’ capacity to participate in world trade”.
In recent years, according to a Brookings Institution report from September, US aid spending has been about 0.33% of gross domestic product. It peaked at 3% of GDP in the 1950s with the Marshall plan program to rebuild Europe after the second world war. During the cold war, it ranged from 1% to a little less than 0.5%.
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