Elon Musk, Head of the Government's Efficiency Agency, points out that the USAID's global aid programme is ineffective and "cannot be repaired". USAID spent $72 billion a year and accounted for 42 percent of UN humanitarian aid.
Billionaire addressed the fund during a conversation on his own social platform X. The conversation was besides attended by erstwhile Republican presidential candidate Vivek RamaswamyRepublican Senator Joni Ernst and Mike Lee.
During the interview, chief Tesla and SpaceX admitted that "fund cannot be fixed".
He besides expressed a akin view President of the United States Donald Trump.
SEE: Trump and Musk are trying to get astronauts trapped on the ISS.
USAID is The largest aid organisation in the world. In 2023 it released $72 billion To support those in need. It was liable for 42 percent of humanitarian aid.
The Reuters Agency informed on Sunday about the release two USAID Heads of Institution. The support website is inactive not available. Over 10,000 people work in the fund.
Cuts in U.S. Aid. At the head of Musk
Cuts consequence from Trump's monetary policy, which follows the rule “America First”. As the agency Reuters points out, field hospitals and medicines for severely sick people around the planet are at risk.
Despite the controversy Trump is pleased with his work so far.. “It can save a lot. Sometimes we disagree and we don't go where he wants to go. But he does a large job. He's smart. Very smart. He saved a lot from our budget," said the president of the United States, quoted by Reuters.
SEE: Donald Trump imposes duties. Canada, Mexico and China have already responded
Musk himself estimated that is able to save $1 trillion from the budget. However, the businessman did not give details of the plan.
bp / Reuters
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