Foreign Aid Transparency and Accountability Act signed by President Obama
Seattle, WA (PRWEB) July 24, 2016 -- On July 15, President Barack Obama signed the Foreign Aid Transparency and Accountability Act into law. The bill passed unanimously on July 5 after gaining popularity with both parties and is considered a very important bipartisan piece of legislation.
According to House Foreign Affairs Chairman, Ed Royce (R-CA-39), the Foreign Aid Transparency and Accountability Act will "establish tough standards for monitoring and evaluation. It will ensure that the many Federal departments and agencies that implement these programs coordinate – rather than duplicate – their efforts, and then apply the lessons learned."
To achieve this outcome, the Act requires the President to issue guidelines that establish goals and evaluate plans for foreign assistance programs. In addition, federal agencies responsible for administering and monitoring foreign programs will have to publish detailed findings on a public dashboard found at foreignassistance.gov.
Clint Borgen, Founder and President of The Borgen Project, said: “The Foreign Aid Transparency and Accountability Act will help the U.S. better target foreign aid programs to deliver a maximum impact. Leaders of the most powerful nation on earth should be helping address global poverty but we should be doing so in the most effective way possible.”
“Americans tend to overestimate the level of funding going to assist the world’s poor, so the transparency and accountability requirements introduced by the Act will help provide U.S. citizens with important information on how the federal budget is spent,” added Clint.
The Borgen Project, a Seattle-based non-profit that works to make poverty reduction a focus of U.S. foreign policy, held numerous meetings with members of Congress to discuss support for the Foreign Aid Transparency and Accountability Act. In addition, thousands of emails were sent to members of Congress from supporters of The Borgen Project, requesting support for this bill.
Kim Thelwell, The Borgen Project, http://borgenproject.org, +1 206-715-9529, [email protected]
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