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FY13 Budget: Making Smart Investments

Read the full post on the USAID IMPACTblog

The Fiscal Year 2013 International Affairs budget, which was released on February 13, showcases President Obama’s commitment to making smart, efficientinvestments to help those in the greatest need while helping to create economic opportunity and safeguarding American security.

It is important to remember that these numbers represent lives around the world that can be supported and saved through our smart investments in agriculture, health, and access to clean water, among other programs. And these investments come at an incredibly small fraction of our national budget—in the case of development assistance, less than one percent.

Similar investments we made last year demonstrated a number of important results. Thanks to our investments in humanitarian assistance, we were able to save tens of thousands of lives in the Horn of Africa after a devastating drought led to famine and threw over 13 million people into crisis. U.S.  support helped provide lifesaving AIDS drugs to nearly 4 million people, protect 200,000 infants from HIV infection and keep millions of children throughout Africa safe from malaria. And our agricultural investments are supporting the goal of lifting 18 million people from a state of hunger and poverty.

$1 billion of our FY13 request is devoted to Feed the Future, President Obama’s landmark food security initiative. These investments will help countries develop their own agricultural economies and grow their way out of hunger and poverty, rather than relying on humanitarian food aid that costs us seven times as much to deliver. We’ve also designed a results framework so we can transparently measure and demonstrate the impact our investments have made in fighting poverty, hunger and malnutrition.

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