The United States government has recently established a new agency, designated as “Trump’s Aid Initiative,” intended to manage international development funds. This initiative is being described as a sovereign-wealth fund, with a focus on providing assistance to developing nations. The agency’s official website details its mission to facilitate humanitarian aid and promote sustainable economic growth in vulnerable regions. Details regarding the agency’s operational structure, funding sources, and specific projects remain largely undisclosed. The government has indicated it is conducting an internal review of the initiative’s legal and financial frameworks.
Credits: Finance & economics
