How does corruption in countries like Guatemala affect the spending of U.S. taxpayer dollars through USAID programs?
USAID follows standard U.S. Government rules and regulations regarding expenditure of federal monies and ensures that the contractors and partners who implement USAID programs follow the same guidelines. USAID at headquarters in Washington, D.C. and in each of its field Missions, has staff who manage accounting and reporting systems to ensure transparency and accountability of all funds spent by our partner organizations. The systems are designed to prevent the loss of USAIDs funds to misuse or corruption. In a limited number of countries that have strong financial management systems in place in their institutions and can thus ensure accountability for funds, USAID also disburses aid directly to governments. Guatemala is not currently one of these countries.
Related Questions
- DO ACCOUNTING REGULATION, TRANSPARENCY AND THE PROPENSITY TO BRIBE AFFECT THE PERCEPTION OF CORRUPTION IN DEVELOPED COUNTRIES?
- How does corruption in countries like Guatemala affect the spending of U.S. taxpayer dollars through USAID programs?
- How does spending our tax dollars in assistance to foreign countries benefit the American people?
