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Blog Post
June 07, 2021
The recently released FY22 budget request includes more than $63.6 billion in international affairs spending, a more than 10 percent increase over the FY21 level absent the emergency spending provided in the end-of-year consolidated appropriations bill and supplemental funding included in the Americ...
Blog Post
April 02, 2021
The American Rescue Plan—the massive COVID-19 relief package recently signed into law—has featured in plenty of headlines. While the vast majority of the nearly $1.9 trillion package is allocated to domestic relief and response, the legislation provides nearly $11 billion in supplemental internation...
Blog Post
March 22, 2021
The Biden administration and the Congress rightly went big in the recently passed American Rescue Plan at a time of tremendous need. The package was appropriately focused on the domestic side, but it did not neglect the rest of the world. One might reasonably ask then why $1 billion or $2 billi...
Blog Post
January 19, 2021
Last week DFC announced that it signed a framework agreement with the government of Ecuador to refinance up to $3.5 billion of the country’s external debt to China. In exchange, according to reporting by the Financial Times, the Ecuadorian government will commit to exclude Chinese companies from its...