Justice Department Investigating USAID: Alleged Rigging of Contracts 1/26/13
- uploaded: Jan 28, 2013
- Hits: 43
United States Agency for International Development:
The United States Agency for International Development (USAID) is the United States federal government agency primarily responsible for administering civilian foreign aid. President John F. Kennedy created USAID in 1961 by executive order to implement development assistance programs in the areas authorized by the Congress in the Foreign Assistance Act. The Congress updates this authorization through annual funds appropriation acts, and other legislation. Although technically an independent federal agency, USAID operates subject to the foreign policy guidance of the President, Secretary of State, and the National Security Council. USAID's Administrator works under the direct authority and foreign policy guidance of the Secretary of State. 
USAID seeks to "extend a helping hand to those people overseas struggling to make a better life, recover from a disaster or striving to live in a free and democratic country." USAID's stated goals include providing "economic, development and humanitarian assistance around the world in support of the foreign policy goals of the United States". It operates in Africa, Asia, Latin America and Europe.
[Western] Investors pledge to come to Russia:
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