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.
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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.