Economy February 4, 2025 - 8:35 am
Potential USAID closure could cost the Dominican Republic US$200 million
Santo Domingo.- The possible closure of the United States Agency for International Development (USAID), as reportedly planned by U.S. President Donald Trump and businessman Elon Musk, could result in the Dominican Republic losing over US$200 million in aid—equivalent to more than 12,000 million pesos. USAID, which has operated in the country since 1962, has provided approximately US$1,900 million in funding, supporting areas such as education, security, climate change, human rights, and judicial modernization.
A five-year USAID investment of US$251 million (2022–2027) was announced in 2022, but if the agency shuts down, the country may not receive the remaining US$200 million. This could severely impact government agencies and NGOs that rely on USAID funding. The agency has played a crucial role in combating corruption and strengthening Dominican institutions, as emphasized by U.S. diplomat Robert W. Thomas.
USAID has contributed to major initiatives in the Dominican Republic, including the creation of ISA University and Pontifical Catholic Mother and Teacher University (PUCMM). Over two million students have benefited from its educational programs. If funding is cut, progress in these sectors could be at risk, affecting the country’s development and governance.