Reported 27 days ago
Emerging economies, especially war-torn countries and U.S. allies like Jordan, could face significant challenges if the Trump administration's proposal to eliminate the USAID proceeds. Countries such as Ukraine, Jordan, Syria, Zambia, and Kenya rely heavily on USAID for funding various sectors, and cuts could exacerbate their existing fiscal issues and social services. Analysts indicate that while the overall economy may not destabilize, the social implications and strain on public finances could be severe.
Source: YAHOO