Since coming to power, President Trump has signed a slew of executive orders. One, the executive order ‘Auditing and Reducing US. Funding of International Organizations’ aims to slash a minimum of 40% of funding to multilateral institutions, such as the UN and the World Bank. While the executive order is apparently being mulled over by departments concerned within the new administration, if it is put into effect without much modification, this order will have major international implications. The US is, after all, the largest donor of international aid in the world today.
It is understandable that the new US administration wants to cut its expenditures and focus on increased growth. However, there are other areas than the international aid budget, where such cuts can be exercised. This past year, the US military budget easily dwarfed the rest of the world. With a defense budget of around $597 billion, it was almost as much as the next 14 countries put together.
The new US administration’s proposed reduction of support to international organizations is troubling. Tackling the reasons of conflict instead of putting in place security-based interventions is the more sensible choice, as it is less expensive, and it also deters needless human suffering.
It would have also been great to see the US pay more attention to why the UN system, the World Bank, the IMF, and other major development agencies, continue to produce such lacklustre results in delivering human development goals. Tangible proposals by the new US administration to make the existing aid agencies more accountable would also have been welcomed. However, simply tightening the purse strings of available international aid instead, will not bode well for anyone.
[The Express Tribune]