Presidential Initiative for Democratic Renewal

Subject – IR

Context – Biden allocates $422mn for ‘democracy renewal’

Concept –

US President Joe Biden opened the first-ever Summit for Democracy by announcing a $422-million Presidential Initiative for Democratic Renewal, that will centre on five areas of work to enable transparent, accountable governance.
- Biden outlined the five areas as supporting free and independent media, fighting corruption, bolstering democratic reformers, advancing technology for democracy and defending free and fair poll process.
Through the Presidential Initiative for Democratic Renewal, the U.S. Department of State will launch a landmark set of policy and foreign assistance initiatives that build upon the U.S. Government’s significant, ongoing work to bolster democracy and defend human rights globally.