A record year for USAID: Takeaways from its latest business forecast

The U.S. Agency for International Development had a record year in 2022.

USAID spent $35.5 billion through acquisitions and assistance — about a $8.7 billion jump from 2021 — Deputy Assistant Administrator Mark Walther said during the agency's quarterly business forecast update on Dec.7.

The agency had already seen large increases on its historical levels of spending in 2020 and 2021 due to the impact of the COVID-19 pandemic.

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