Ideas to Action:

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Rethinking US Foreign Assistance Blog

The Rethinking US Foreign Assistance Blog complements CGD's Rethinking U.S. Foreign Assistance initiative. Both are for professionals interested in tracking US Foreign Assistance and its impact on developing countries.

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Rethinking US Foreign Assistance Blog

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Don’t Count the IMF Out on the Hill

As expected, the president’s budget includes a request for Congress to approve US participation in the 2010 IMF quota reform agreement.  There’s a very strong case for approving the request, and I’ll simply point you herehere, and here to read it in detail.  Suffice it to say, the IMF is a bargain for US taxpayers, promoting growth and stability globally in ways that directly benefit the US economy and often working in support of US strategic interests around the world. 

Pakistan Aid Facts

This is a joint post with Molly Kinder.

As Pakistan struggles to cope with the worst flooding in the country’s history, international donors have contributed upwards of $800 million to humanitarian relief efforts. (See here for the UK’s Guardian newspaper’s ongoing tracking of individual donor pledges to Pakistan’s floods.) The full cost of rebuilding Pakistan’s flooded regions is still being calculated, and will no doubt be staggering. The Asian Development Bank has already pledged $2 billion to the recovery and reconstruction efforts and the World Bank another $900 million. Most other international donors have yet to announce their contributions to the mammoth rebuilding effort that is to come.

As background, this post lays out how much the United States and other international bilateral and multilateral donors were already giving to Pakistan, before the floods. These aid figures were compiled earlier this year, and do not take into consideration any reprogramming or redirection of funds towards flood relief and recovery. As donors adjust their assistance plans, we will continue to track the numbers, and will update our “Aid to Pakistan by the Numbers” page. Check back for more! You’ll find raw data for all of the charts in this post here.