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Elon Musk’s DOGE swiped $329 million in humanitarian funding from Nepal, leaving a Gen Z tech revolution to transform the budding country’s economy

When the Department of Government Efficiency, helmed by Elon Musk, gutted the U.S. Agency for International Development (USAID), it included slashing an estimated $329 million in humanitarian aid to Nepal.

Source Summary Published September 20, 2026 Brief Under 1 min brief
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When the Department of Government Efficiency, helmed by Elon Musk, gutted the U.S. Agency for International Development (USAID), it included slashing an estimated $329 million in humanitarian aid to Nepal. Stuti Basnyet, who served as the acting program office director for USAID in Nepal in 2025 during the agency’s wind-down, remembers the months following the cuts. “Everyone went through denial first that this was even happening, to just deep grievance at how it was being done,” she told Fortune .

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