On Tuesday, June 7, the U.S. Agency for International Development held its quarterly business forecast conference call. Devex looked into the data to see where the agency is investing its money in the coming months.
The business forecast for the third quarter of the year included 257 opportunities, with a total estimated maximum value of up to $31.1 billion — $2.4 billion, or 8.4%, more than the previous quarter.
The increase closely relates to a new opportunity in the working in crises and conflict sector: the Support Which Implements Fast Transitions, or SWIFT, 6, which is worth $2.8 billion. SWIFT 6 is USAID’s mechanism that supports local initiatives advancing democracy, peace, and stability.