The Dhaka Times Desk After the news of reducing the amount of US aid to various countries by half, another news is that Donald Trump has reduced the aid to Bangladesh by Tk 600 crore.
US President Donald Trump has almost halved the amount of US aid to various countries. This year, the United States has allocated only two and a half billion dollars to this sector. Most of them will go to their allies like Israel and Egypt. US aid to many other countries, including Bangladesh, is declining this year. The information that appeared in the statistics of the Department of Foreign Assistance of the United States.
Although there is no specific threat-warning for Bangladesh from the Trump administration, financial assistance is decreasing for Bangladesh as well. In 2017, 220 million dollars (about 1 thousand 700 million taka) was allocated for Bangladesh. In 2018, it decreased by 40 percent (about 600 crore taka) to only 13 crore 84 lakh dollars. This time, however, Bangladesh is at number 25 in the list of recipients of US aid.
The United States has been the world's single largest donor for a long time. The United States provides annual financial assistance to about 150 countries in various sectors. These earmarked funds are distributed throughout the year through the Department of State, Department of Defense, or USAID.
After Donald Trump took office, he announced that the international development budget would be cut by a third. But the New Year's plan shows that US foreign aid has fallen by almost half. In the last few years, the United States allocated an average of 4.5 billion dollars to this sector. This year it has come down to only two and a half billion dollars.
It should be noted that Donald Trump has been publicly threatening to reduce financial aid to various countries during the voting at the United Nations on the Jerusalem issue last December. Finally he gets threats from Pakistan and Palestine.
Statistics show that US aid to Pakistan, a one-time ally in the fight against terrorism, has been declining for years. Islamabad, which received hundreds of millions of dollars three years ago, has been allocated only 340 million dollars this year.
While overall foreign aid has been cut, US policy toward Israel and Egypt, two of the US's main allies in the Middle East, remains the same. In 2018, the United States has allocated hundreds of billions of dollars for these two countries. Most of this money will go to the military!
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