Business news from Ukraine

Business news from Ukraine

Trump suspends US aid to foreign countries to conduct inspections of funds use

21 January , 2025  

President Donald Trump signed an executive order on Monday to temporarily suspend all US foreign aid programs for 90 days pending a review to determine whether they meet his policy goals, the White House website reports.

“All heads of departments and agencies responsible for U.S. foreign development assistance programs should immediately suspend new commitments and disbursements of development assistance funds to foreign governments and non-governmental organizations, international organizations, and contractors providing development assistance until an analysis of such programs regarding their effectiveness and consistency with U.S. foreign policy is completed, to be conducted within 90 days of the date of this order,” the document says.

It is unclear how much aid is covered by the order, as funding for many programs has already been appropriated by Congress and should be spent, if not already.