US funding freeze is 'bombshell' for world aid sector
- Posted on February 11, 2025
- By Business News Today
- 1 Views
US funding freeze is 'bombshell' for world aid sector
US President Donald Trump has ordered the suspension of most foreign aid, leading to immediate halts in NGO operations and potential job losses. This directive affects USAID's $42.8 billion budget, with a review underway. Elon Musk supports the initiative, complicating humanitarian efforts in 120 countries.
