What is Foreign Aid? - QuoraBox

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Mar 29, 2023

What is Foreign Aid?

 

🙋Foreign aid is the assistance provided by one country to another country to support its economic, social, or political development. It can come in various forms, including financial aid, technical assistance, and other resources such as food, medicines, and equipment. Foreign aid is often given to countries that are experiencing economic hardship, natural disasters, or political instability. It can also be used to support specific projects or programs, such as education, healthcare, infrastructure development, or environmental protection. The aim of foreign aid is to promote global economic growth, reduce poverty, and enhance the well-being of people in recipient countries.

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