The U.S. Agency for International Development spent more than $30 billion on assistance funding — which includes grants and cooperative agreements — in the 2022 fiscal year, according to a report released last month.
The figures represent a new record for assistance spending, and a 73% increase over the previous fiscal year.
The 2022 Progress Report from the agency’s Office of Acquisition and Assistance, or OAA, which is responsible for around 85% of all USAID spending, shows a change in how the agency spends its money, with a much greater focus on grants.