Fact Check: Over 35 billion dollars was managed by USAID in the previous year.

Fact Check: "Over 35 billion dollars was managed by USAID in the previous year."

What We Know

The claim that "over 35 billion dollars was managed by USAID in the previous year" requires a review of the agency's financial activities. According to the FY 2022 International Affairs Budget, the total budget request for the State Department and USAID was approximately $58.5 billion. This figure includes funding for various programs, but it does not specify the exact amount managed solely by USAID.

Furthermore, the U.S. Agency for International Development (USAID) provides a range of services and funding, but specific figures for the amount managed in a particular year are not readily available in public documents. The agency's financial statements for fiscal years 2023 and 2022, as outlined in an audit report, indicate that USAID is required to submit audited financial statements annually, but these documents do not directly confirm the $35 billion figure.

Analysis

The claim lacks direct support from reliable sources. While the budget for USAID is substantial, the assertion that it specifically managed over $35 billion in the previous year is not substantiated by the available documentation. The FY 2022 International Affairs Budget provides a broader context of funding but does not break down the exact amounts managed by USAID alone.

Additionally, the audit report indicates that financial management and oversight are critical components of USAID's operations, but again, it does not provide a clear figure that confirms or denies the claim. The lack of specific data on the amount managed by USAID in the previous year raises questions about the accuracy of the claim.

Moreover, the context of the claim is important. The mention of a significant figure like $35 billion could be misleading if it does not account for the total budget that includes various programs and initiatives under the State Department and USAID umbrella.

Conclusion

Verdict: Unverified
The claim that "over 35 billion dollars was managed by USAID in the previous year" cannot be confirmed based on the available evidence. While the overall budget for USAID and the State Department is substantial, specific figures regarding the amount managed by USAID alone are not clearly documented in the sources reviewed. Therefore, without additional evidence or clarification, the claim remains unverified.

Sources

1. U.S. Agency for International Development
2. FY 2022 International Affairs Budget - United States Department of State
3. USAID Official and Three Corporate Executives Plead Guilty to …
4. PDF Audit of USAID's Financial Statements for Fiscal Years 2023 and 2022
5. United States Agency for International Development
6. Updated 2024 USAID OIG Oversight Plan
7. State Department and U.S. Agency for International Development (USAID) FY 2022 Budget Request
8. USAID OIG FY 2026 Oversight Plan