Economic Development
Improving People's Lives
Foreign assistance that promotes broad-based economic growth is essential to sustainable, long-term development. Creating opportunities that impoverished households need to raise their living standards provides countries with the resources to expand access to basic services, and more importantly, enables individuals to chart their own prosperous futures. Broad-based and targeted economic growth means encouraging innovative private investment, expanding access to financial services, and reducing global inequality.
More on Economic Development
Washington, D.C. – Representatives Adam Smith (D-WA09) and Ted Yoho (R-FL03), co-chairs of the Congressional Caucus for Effective Foreign Assistance, led 67 of their colleagues in sending a bipartisan letter to Office of Management and Budget Director Mick Mulvaney calling for open dialogue on the proposed changes to the U.S. Department of State and U.S. Agency for International Development: