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US Multilateral Aid Review: Increased Oversight of Public Spending.

This act establishes a system to assess how the U.S. government spends money on international aid. It aims to ensure taxpayer funds are used effectively and align with foreign policy goals, increasing transparency and accountability of multilateral organizations. Citizens will gain insight into how their money is invested in global projects.
Key points
Spending Assessment: The U.S. government will publicly evaluate how international organizations use American funds.
Increased Transparency: Review reports will be publicly available, allowing citizens to track how their tax dollars are spent.
Better Outcomes: The goal is to incentivize multilateral entities to perform more effectively and achieve better results.
Protecting Taxpayer Money: The act seeks to safeguard taxpayer investments by promoting accountability and efficiency in foreign assistance.
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Additional Information
Print number: 117_S_3469
Sponsor: Sen. Risch, James E. [R-ID]
Process start date: 2022-01-18