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What impact have the cuts to USAID had on the microinsurance landscape

The recent reduction in the United States Agency for International Development’s (USAID) budget has led to several projects being cancelled worldwide, as well as funding freezes and even the closure of some programmes or organisations. This change is part of the US Government’s shifting priorities towards national security and economic interests as the main aims of its international development policy. Several microinsurance providers and others involved in covering low-income populations are among the organisations affected. 

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