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Multilateral Aid Review Act of 2022
12/30/2022, 12:04 AM
Summary of Bill HR 7817
The bill outlines specific criteria that will be used to evaluate the effectiveness and efficiency of these organizations in achieving their stated goals and objectives. It also requires the US government to report the results of these reviews to Congress on an annual basis.
Additionally, the Multilateral Aid Review Act of 2022 aims to increase transparency and accountability in the use of US taxpayer dollars for foreign aid. It requires multilateral aid organizations to provide detailed information on how funds are being used and the impact of their programs. Overall, this bill seeks to ensure that US contributions to multilateral aid organizations are being used effectively to address global challenges such as poverty, hunger, and disease. It emphasizes the importance of accountability and transparency in the allocation of foreign aid funds.
Congressional Summary of HR 7817
Multilateral Aid Review Act of 2022
This bill establishes a U.S. Multilateral Aid Review to assess U.S. government investments in multilateral entities. The President must establish a U.S. Multilateral Aid Review Task Force, which must periodically report to Congress the review's findings.
The task force must establish and report the methodology for the reviews, which must include assessments of (1) the relationship between such multilateral entities' stated goals and actual results, (2) the management practices and transparency of the entities, (3) the alignment between an entity's policies and practices with U.S. foreign policy objectives, and (4) whether U.S. goals may be better served by pursing a bilateral approach.
The bill establishes a U.S. Multilateral Aid Review Peer Review Group, which must review the reports and provide feedback to the task force and to Congress.
