Bill gates on us foreign aid cuts: Microsoft co-founder Bill Gates has launched a big attack on the world’s richest and Alan Musk, CEO of Tesla Company. He accused him of killing the world’s poorest children after the support of Allen Musk of the huge cuts being made by the American in foreign aid amount. Gates made this comment when he revealed his entire assets $ 200 billion (about Rs 16.7 lakh crore) to donate to the next 20 years i.e. 2045 through the Bill and Melinda Gates Foundation.

Bill Gates will donate $ 200 billion in 20 years

The co-founder of Microsoft further said that they are carrying forward the plan to shut down the foundation by 2025. He said that he hopes that this money will help to prevent millions of unnecessary deaths, to uproot diseases like polio and malaria and to get people out of excessive poverty.

Bill Gates has made this announcement at a time when foreign aid budget is being cut drastically in the world, especially in America. The US International Development Agency (USAID) has faced a huge cut with the support of the Department of Government Efficiency under the Donald Trump Administration. Alan Musk had publicly checked USAID to “put in wood chipr”.

Private foundation cannot replace government funding

In an interview to the Reuters, he warned that if the supply of money is reduced in the assistance by the government, then in the coming years the world may have to face millions and stopping deaths. Bill Gates said that Gates Foundation is increasing $ 9 billion (Rs 75,00 crore) by 2026 and about 10 billion $ 10 billion (Rs 83,000) per year by 2026. Along with this, Microsoft’s co-founder stressed that despite this level of philanthropy, private foundations cannot replace any government funding.

Significantly, Bill Gates and Alan Musk, who once used to agree that rich people should spend their money in good works, they have now become completely face to face in recent years. When he was asked if he appealed to Allen Musk to change the stance, Gates said that now it is up to the Congress what the decision he takes about the assistance expenditure.

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