Ken Buck Introduces Bill to Improve Transparency of U.S. Foreign Aid Funding
Washington, D.C. – Congressman Ken Buck recently introduced the Multilateral Aid Review Act of 2019 to establish a review process for U.S. foreign aid dollars going to multilateral entities. This legislation would establish a United States Multilateral Aid Review to publicly assess the value of U.S. government investments in multilateral entities, such as the United Nations or the World Bank. This bill will provide Congress with a transparent and rigorous review of all funds the U.S. contributes to multilateral entities to ensure our scarce foreign aid dollars are being used to advance U.S. foreign policy goals. The legislation will also incentivize multilateral entities to make improvements to achieve better on-the-ground outcomes in fragile and developing regions across the globe.
Upon introduction of this bill, Congressman Buck issued the following statement:
“Our country has spent billions of taxpayer dollars supporting multilateral agencies, such as the United Nations. While this funding is vital, it is important that those who receive U.S. foreign assistance are managing it effectively. However, years of inept leadership at various agencies have diminished the effectiveness of many programs across the globe.
I believe we can, and we must do better, and that is why I am proud to introduce this legislation. I believe it is in our nation’s best interest to provide increased transparency of our foreign aid investments and I encourage my colleagues to join me as cosponsors of this important legislation.”
Click here to view the text of the bill.