Foreign aid is provided to countries that have a specific need of additional help, generally found in the third world. The rich countries of the world provide assistance to those countries who have a poor economy and are unable to help themselves. The aid can be used to help build schools, hospitals and support new industries to create jobs.
Foreign aid is intended to result in development.
Foreign aid can take several forms, including financial assistance, which provides funds for development projects or humanitarian relief. It can also include technical assistance, offering expertise and resources to help build local capacity. Additionally, foreign aid may consist of in-kind assistance, such as food, medical supplies, or equipment. Lastly, diplomatic and military aid can also be considered forms of foreign aid, aimed at strengthening alliances or promoting stability in regions.
A disadvantage of foreign aid to a developing country might be the amount of money used for foreign aid when domestic aid is needed. It can be known up front if the aid will benefit the developing country.
Foreign aid
Foreign aid is help such as economic or military assistance provided by one country to another.
Russia does not give foreign aid to the usa. In fact Russia killed most or all of it's foreign aid back in the 90's with the collapse of the Soviet Union and has just recently started a foreign aid program again.
foreign aid
Foreign Aid
Economic assistance, international aid, military assistance, overseas aid...
Foreign Aid is when, after a disaster etc.., a foreign country gets involved in humanitarian issues to help the foreign country (ex. The United States helping Haiti after the earthquake.)
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The 2012 British foreign aid budget was roughly £8.6 billion.