USAID Administrator Releases Statement On Passage Of BUILD Act
USAID: U.S. Agency for International Development Administrator Mark Green on the Creation of the U.S. International Development Finance Corporation (USIDFC)
In a statement on the passage of the Better Utilization of Investments Leading to Development (BUILD) Act of 2018, USAID Administrator Mark Green says, “The provisions of the BUILD Act fully align with the President’s National Security Strategy and the Reshaping American Government in the 21st Century reorganization and reform plan. … The creation of the USIDFC creates a unique opportunity for USAID to scale up its use of financing tools for development significantly. … The USIDFC will catalyze market-based, private-sector development, spur economic growth in less-developed countries, and advance the foreign policy interests of the United States” (10/3).