Throughout its existence, the U.S. Agency for International Development has funded tens of thousands of lifesaving development and humanitarian projects in a wide range of sectors all around the world. However, Elon Musk, the billionaire head of the newly formed Department of Government Efficiency, still believes that it is “a criminal organization” that needs to die.
With its looming closure, the uncertainty around USAID’s future and the future of its programs extends beyond the current fiscal year — with tens of billions in obligated funding yet to be disbursed.
There are still around $56 billion in undisbursed obligations.