This week, we're taking a deep dive into the Trump administration's vision for the U.S. International Development Finance Corporation. The White House’s proposal seeks to expand the number of countries DFC can work in, paving the way for it to invest in high-income countries — a shift from its initial remit to invest in lower-income countries. However, the U.S. Congress still needs to reauthorize the organization before the Oct. 6 deadline if any of these plans are to come to fruition.

On the other hand, the Millennium Challenge Corporation is set to face a different future. While the organization survived the Trump administration’s foreign assistance review, more than half of its programs are slated for cancellation.

To discuss these stories, and others, Senior Editor Rumbi Chakamba sits down with Managing Editor Anna Gawel and Senior Reporter Adva Saldinger for the latest episode of our weekly podcast series. 

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This Week in Global Dev: #107: A look at the Trump administration's plan for DFC

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This Week in Global Dev: #107: A look at the Trump administration's plan for DFC

Devex | Global Development

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