US aid suspension triggers economic crisis in MENA and South Asia
By Tajul Islam On January 20, 2025, US President Donald Trump issued an executive order suspending all USAID and State Department-funded projects, totaling $60 billion, for 90 days. This decision was framed as a reassessment of foreign aid effectiveness and its alignment with the administration’s strategic priorities. The abrupt termination of nearly 10,000 foreign aid grants and contracts has sent economic and humanitarian shockwaves through countries in […]