Monday, November 14, 2022

For more than 60 years, the U.S. Agency for International Development (USAID) has taken on the most pressing challenges our planet has faced. Today, the same Agency that helped eradicate smallpox and avert an age of famine by launching the Green Revolution is confronting threats of overwhelming size and scale.

A still smoldering COVID-19 pandemic that continues to claim lives and damage economies. A climate crisis whose fury is only growing, devastating countries and endangering entire ways of life. Open war in Europe, as Vladimir Putin continues his deadly, brutal assault on Ukraine. And a global food crisis exacerbated by all these other calamities, as rising food, fuel, and fertilizer prices squeeze those who can least afford it.

Yet, as daunting as these global challenges are, the United States has stepped up to meet them. With USAID support, our government has donated nearly 625 million COVID-19 vaccine doses to more than 115 countries, with no expectation of payment or favor. From Kiribati to the Gambia to Pakistan to the Dominican Republic, we have responded to climate disasters with assistance that has saved lives, helped rebuild economies, and strengthened resilience to future shocks. We have provided billions in humanitarian and development aid to Ukraine, helping to keep the government afloat, maintain public services, repair infrastructure, document war crimes, and help restart the country’s economy. And we have provided more than $1.8 billion to address the epicenter of the global food crisis— the Horn of Africa.

While these efforts will mean the difference between life and death for millions of people, there are limits to what money alone can achieve. In a world where no amount of foreign aid will be commensurate with the problems we face, we have to seek development progress beyond our programs. We must work to extend our impact beyond our foreign assistance programs, marshaling together our development partners, international institutions, and the global private sector to extend the reach of democracy, prosperity, and human dignity to billions more. And we must do this in partnership with the most marginalized, elevating their voices to drive change in their own communities, rather than imposing it from abroad. The goals and actions described in this Agency Financial Report are critical to these efforts. We have worked closely with the Office of Inspector General to provide complete, reliable, and accurate financial and summary performance data. The Independent Auditor’s Report, including reports on internal control and compliance with laws and regulations, appears in the Financial Section of this report. The section on Management’s Discussion and Analysis reviews our assessments of our internal controls, risks, and other issues.

Our world will continue to face new crises, so we will challenge what the development community thinks is possible by pushing for progress beyond our programs. While there is still work to do, we continue to extend the reach of freedom and dignity to all people.

Samantha Power
November 12, 2022

Agency Financial Report (AFR)

The Agency Financial Report (AFR) of the U.S. Agency for International Development (USAID) provides an overview of the Agency’s performance and financial information. The AFR demonstrates to Congress, the President, and the public USAID’s commitment to its mission and accountability for the resources entrusted to it.

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