KUALA LUMPUR (Bernama): Australian Foreign Minister Penny Wong has announced a development fund exceeding A$1bil for Asean countries to offset the impact of USAID funding cuts. This initiative is part of Australia's commitment to fostering lasting economic prosperity, climate resilience and regional stability and security.
"We know that there is uncertainty in development funding and the impact of global cuts is not entirely yet known. But at a time of disruption, Australia is directing an A$1.28bil development programme in South-East Asia to meet your highest needs," she said.
