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    • Devex Money Matters

    Money Matters: Who got USAID's contract funding in 2022?

    In this week's edition: we take a look at USAID's top contractors and what's inside EBRD's €14.5 billion project pipeline. Also, the outcomes of the Paris summit, and salary transparency in for-profit development companies.

    By Omar Mohammed // 26 June 2023

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    As USAID’s spending has risen over the last couple of years, the proportion that goes to contracts has fallen, but the total cash amounts have remained similar. The question is, who’s getting the money? We dug into the numbers to give you, dear readers, the scoop.

    + Are there topics you want to read more about in Money Matters? We want your feedback.

    USAID spent 16.6% of its money through contracts last year — the lowest proportion in several years. But what didn’t change was the dominance of a few large firms, who accounted for around half of all the money spent — around $2.9 billion.

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    About the author

    • Omar Mohammed

      Omar Mohammed

      Omar Mohammed is a Foreign Aid Business Reporter based in New York. Prior to joining Devex, he was a Knight-Bagehot fellow in business and economics reporting at Columbia University Graduate School of Journalism. He has nearly a decade of experience as a journalist and he previously covered companies and the economies of East Africa for Reuters, Bloomberg, and Quartz.

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