By cryptoandcoffee on Skatehive
source Today I was reading various reports on the FOREX shortages in Mozambique and how this is impacting the economy. I kind of chuckled to myself thinking this could be down to the country no longer getting the bail outs from USAID so I posted the question to AI Overview on Google. Sure enough it was at the top of the list of reasons why there is a FOREX shortage and you could not make this stuff up. Who would have guessed that the stopping of USAID would be this catastrophic and all to obvious if you live in Africa. source How much USAID did the Mozambican government rely on that by not receiving any aid would cause such an economic calamity? In 2024 the country received a reported $586 million which was roughly $280 million less than was expected due to USAID being stopped. In 2023 Mozambique was given $664.1 million with the bulk of the aid being economic support. Some goes to health, but the majority is given to help the country economically. Not quite sure what that entails beca