Rethinking US Foreign Assistance: FY2013 MDB Budget: Stay the Course
By Jenny Ottenhoff -
The Obama administration’s FY2013 budget request may be a mixed bag for the overall international affairs budget, but its message on U.S. engagement in the multilateral development banks (MDBs) is clear: stay the course. This is likely because most of the sticky MDB budget decisions were made last year, when Congress considered and ultimately supported the once-in-a-generation general capital increases (GCIs). For FY13, the administration proposes $2. (...)
