India, Feb. 27 -- In a big move after freezing the US Agency for International Development (USAID) fundings, the Donald Trump administration has now decided to slash over 90% of the agency's foreign aid contracts, reported The Washington Free Beacon.

The cuts, which were detailed in a document accessed by the WFB, were decided upon after the US State Department finished its review of the US foreign aid. As many as 15,000 contracts worth a whopping 60 billion dollars have been identified to be eliminated. This includes both - the foreign aid provided by the US State Department and the USAID.

Within the US State Department, around 4,100 foreign aid grants worth 4.4 billion dollars have been identified to be eliminated. Among the USAID gra...