Trump officials unveil private sector blueprint for lifecycle after USAID

The Trump administration is promoting a shift from traditional U.S. foreign aid toward relying on private investment, trade, and American business to foster development abroad. At a forum in New York, officials emphasized reducing aid dependence by encouraging private sector-led growth and investment, particularly in fragile countries. While some officials acknowledge aid remains essential in crises, the focus is on creating sustainable economic growth and jobs through private capital and improved investment environments.

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