There are six main types of aid that are available to poorer countries to help them. These are development aid, emergency aid, bi-lateral aid, multi-lateral aid, project aid and programme aid. Development aid: development aid (also development assistance, international aid, overseas aid or foreign aid) is aid given by developed countries to support economic and social development in developing countries. It is distinguished from emergency aid as being aimed at alleviating poverty in the long …
showed first 75 words of 576 total

showed last 75 words of 576 total
…example being the world bank lending money to Chad to let them try and prevent their agricultural sector from failing because of disruption to the ecosystem. Programme aid: This is aid that is given for financial purposes, eg to pay off debts, this is happening quite a lot in Africa, but unless the country donating the money decides to wave any pay back then ultimately the country becomes just in debt to a different nation.