WASHINGTON: Founder of Microsoft and multi-billionaire US businessman, Bill Gates has cautioned that charitable organizations won't be able to fill the gaps across the world expected after development aid cuts by the Trump’s administration.
In an interview with foreign newspaper, he said, “The uncertainty about what the US government will do remains very high.”
“We don’t have some special stash that we keep in case some government is less generous," he continued. "We’re spending at our maximum capacity because we know that every $1,000 we spend, we’re saving an additional life. So if net, from all governments as a whole, you get big cuts, there’s no other sector that has fair capacity to step up,” Bill Gates mentioned during the interview.
In April, Trump announced 31 per cent cut on international affairs spending when he announced his 2018 budget.