Search

See where House and Senate appropriators seem ready to go for the proverbial development gold and what foreign aid spending asks might not make the cut.   

The recently advanced bipartisan DFC Modernization and Reauthorization Act of 2024 does more than reauthorize the Development Finance Corporation—it also includes several provisions that would shape the US development finance agency’s direction of travel for the next seven years. Standout elements i...

This week, Kenyan President William Ruto will be the first African leader to receive an official state visit since President George W. Bush invited Ghanaian President John Kufuor in 2008. President Ruto is traveling to Washington to mark the 60th anniversary of US-Kenyan diplomatic relations. But un...

With the FY24 appropriations process now concluding nearly, this analysis looks at the various funding levels and related provisions included in the final FY24 State and Foreign Operations spending bill alongside those in the FY25 budget request.

Since its inception, DFC has demonstrated its capacity to rapidly increase its investment volume, making use of a higher portfolio cap. Its annual commitments have doubled over the past four years. But the agency has been subject to criticism (including from some at CGD) for insufficiently prioritiz...

Last month, Open Philanthropy published a list of open research questions they would like answers to. It’s a fascinating list, and in keeping with their mission, focuses on some potentially high-impact and neglected problems where more evidence could make a big difference to improve social and econo...

Yesterday marked two decades since President George W. Bush signed into law a consolidated spending bill that carried authorization for the creation of a new innovative US aid agency. The win came nearly two years after the president unveiled his bold vision that centered on “a new compact for globa...

Over the years, US lawmakers of many stripes have embraced the value proposition of foreign assistance. While their precise motivations have varied, ensuring US international aid is transparent, accountable, and effective has been vital to this long-running bipartisan support.