The United States has canceled significant foreign aid to Bangladesh and several other nations, including a $29 million initiative aimed at enhancing political stability in Bangladesh. This decision, announced by the Department of Government Efficiency (DOGE) under CEO Elon Musk, is part of a broader budget-cutting strategy led by the Trump administration. Other affected countries include India, Mozambique, Cambodia, and Nepal. The cuts align with efforts to reduce the U.S. budget deficit and prevent national bankruptcy.