Long Story Short

Even though the U.S. government avoided a shutdown this week, serious concerns remain over whether lawmakers will be able to hammer out a federal budget for fiscal 2024 within the next 45 days, leaving the future funding of several development programs up in the air. This week we also had an exclusive story on the $1.5 billion Saving Lives and Livelihoods Initiative, which was temporarily halted amid an audit due to several issues, including the failure to pay workers in Nigeria for months worth of work and missing contracts and receipts. The three-year program, launched by the Mastercard Foundation and Africa Centres for Disease Control and Prevention in 2021, is the largest public health partnership between a global philanthropic organization and an African institution and has employed more than 22,000 people. Ahead of the World Bank annual meetings in Marrakech, Morocco, next week, we reported that the institution’s president, Ajay Banga, hopes to make available up to $125 billion additional lending over