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    Home»World»The Ministry of Foreign Affairs will create a USAID fund worth $ 2.9 billion – News City
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    The Ministry of Foreign Affairs will create a USAID fund worth $ 2.9 billion – News City

    May 20, 20251 Min Read

    Washington, May 20 /TASS /. The US Department of Foreign Affairs will replace the Special Fund of the International Development Agency (USAID) with a budget of $ 2.9 billion. This is stated by the US Foreign Minister, temporarily an action assistant for US National Security President Marco Rubio.

    “The basic principles of this recombination (the Ministry of Foreign Affairs) are believing that it is important not the size of the budget, but how fast the funds may be used. This is reflected in the new fund of US capabilities.

    “It will allow the Ministry of Foreign Affairs to quickly deal with crises, actively interact with important partners, such as India and Jordan, maintain the necessary repatriation efforts and withstand strategic threats from the nearest competitors, like China.

    On February 3, Washington actually suspended the activities of the USAID agency, which allocated a significant amount of money to international organizations. On March 10, US Foreign Minister Marco Rubio, appointed by USAID Minister, said that the government, after the audit, stopped 83% of the program's programs.

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