flatwater bill
AH legend
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- Jun 16, 2013
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The Corona Virus Aid, Relief and Economic Security Act (CARES) from the USA includes about $11 billion for three African NGO's. 1. African Development Fund (ADF) $514 million, 2. International Development Assoc (IDA) $3+ billion, and 3. African Development Bank (ADB) $7 + billion. It is important that Americans traveling abroad have a little understanding of what the USA does for the underdeveloped world in general and Africa specifically. 50% of all charity and 40% of all humanitarian aid, and many economic aid and infrastructure gifts not easily quantifiable.American charity went up sharply after the Trump tax cuts (Blackbaud, AidData, and InsideCharity confirmed) despite major media saying the opposite. Anecdotally, the UK paid off Somalia's $122.5 million sovereign debt (EU helped) and Canada made the top 6 in giving, again. Transparency International says the $11 billion will result in at least $2 billion deposited in off shore numbered bank accounts, but that is Africa. The same day the CARE act passed, The Washington Post ran an article entitled, "Trumps Corona Virus Aid Package ignores the rest of the World". Another WaPo lie by a once great newspaper. As a man involved in not for profits for many years, I am terrified of what next year will bring with regard to giving. Free enterprise is the corner-stone of Philanthropy. But as for now, I commend the Yanks, Brits and Canucks......well done and hang in there............do not expect a thank-you from Africa, take your reward from the faces of the children............FWB