Politics Whereas Trump prepares to close down USAID, Ukraine actively seeks different funding sources. Monday, February 10, 2025

US President Donald Trump said that a good portion of USAID’s funding was spent fraudulently, and corruption inside the company has reached unprecedented ranges. “Shut it!” he posted on social media. On the finish of January, USAID suspended funding for all of its applications and initiatives in Ukraine for 90 days by the choice of the US State Division. Within the 2023 fiscal 12 months, the funds for USAID initiatives amounted to greater than $40B, and among the many largest help recipients had been Ukraine, Ethiopia, and Jordan. The Trump administration intends to scale back USAID’s employees to fewer than 300 staff out of greater than 10,000 present staff globally. Deputy Prime Minister of Ukraine Olha Stefanishyna indicated that Ukraine has preliminary agreements on new funding sources from the EU to interchange USAID funding. This pertains to pressing financing for essential applications in reconstruction, vitality sustainability, and cyber protection initiatives. The Workplace of the President reported that grants obtained by means of USAID are deliberate to be offset by means of state and regional budgets and loans from different worldwide donors.