USAID's spending plan and reforming the Inter-American Development Bank
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Last week, we launched Roots of Change, a Devex series on locally led development, which explores how the localization agenda can be elevated from rhetoric to reality. We have been following the discussions around localization for the past couple of years and the progress made toward empowering local communities in shaping global development initiatives. As part of the series, we published an article that outlines five key takeaways we learned about the current state of the debate based on our coverage. We highlight that while progress is slow, change is inevitable.  At the Inter-American Development Bank, major developments are underway. From changing how they operate to identifying new metrics of success, we dig into how the financial institution plans to become a better partner in development as it urges other MDBs to undergo reform as well. We also touch upon an interactive article we published on the U.S. Agency for International Development’s spending plan for the upcoming months. Find out how the agency is planning to distribute $25.6 billion, including the sectors and countries targeted.  In the latest episode of the This Week in Global Development podcast, Devex President and Editor-in-Chief Raj Kumar sits down with Nasra Ismail, U.S. enterprise executive director at Alight, and Devex Senior Reporter Adva Saldinger to discuss the global development stories above. Sign up to the Devex Newswire and our other newsletters. 
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