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Understanding the 2022 USAID Risk Appetite Statement

On August 22, 2022, USAID released an updated Risk Appetite Statement. First crafted in 2018, the RAS details the Agency’s willingness to absorb, share, and/or mitigate the various risks – which have historically ranged from programmatic, reputational, fiduciary to legal, security, and human capital – related to its strategic objectives. Since these objectives change over time and across administrations, so too must the Agency’s RAS.

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