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Blog Post
September 14, 2022
In March, the World Bank estimated that a dozen developing countries could default on their debt over the next 12 months. The warning signs are everywhere. Investors have pulled $50 billion from emerging-market bond funds this year, and the debt of nearly one-third of these countries is trading at d...
Blog Post
August 25, 2022
The Office of Foreign Assistance performs three core functions. First, it coordinates the formulation of future USAID and State Department foreign assistance budget requests—a process that begins two years before the start of a fiscal year. Second, it manages the execution of the current fiscal year...