A memo reportedly written by aides of U.S. President Donald Trump and seen by Devex has laid out a blueprint for the U.S. government to suggest how foreign aid should be redesigned under the State Department. The changes include renaming USAID as the U.S. Agency for International Humanitarian Assistance, with a “modified” U.S. President’s Emergency Plan for AIDS Relief. It also suggested the Millennium Challenge Corporation and U.S. Trade and Development Agency be brought under the U.S. International Development Finance Corporation.
The U.S. government should eliminate “traditional cost-plus, fixed-fee awards that pay out regardless of performance” and instead reward results and distribute aid through blockchain so that it’s secured, the memo reads.
“The new model would shift away from the ‘Beltway Bandit’ groups and United Nations agencies to favor private sector and non-profit entities with proven track records,” it continues.
It noted that foreign aid’s purpose should be to “provide geopolitical leverage for the President on the global chess board.”
Read: Memo lays out plan to replace USAID with new humanitarian agency