State Dept IG Launches Audit Into $75B in Foreign Aid

The State Department inspector general has launched an evaluation into nearly $75 billion of foreign aid earmarked for more than 900 awards previously established by the U.S. Agency for International Development.

The audit is part of the IG’s ongoing efforts to get a handle on and rein in awards issued by USAID since the State Department transferred many of the functions and programs from the foreign aid office after a massive restructuring.

“According to recently released figures, 951 awards with a total estimated cost of nearly $75 billion were to be distributed among 14 Department bureaus, some of which have not previously implemented foreign assistance programs and others which were created during the Department’s recent reorganization,” the IG said in Wednesday’s announcement.

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