Foreign Aid

Foreign aid refers to the financial, material, or technical assistance provided by one country or international organization to another, typically for the purpose of promoting economic development, reducing poverty, or providing humanitarian relief. This assistance can come in various forms, including grants, loans, goods, and services. Foreign aid is often aimed at helping countries facing crises, such as natural disasters, conflicts, or severe economic challenges. It can also support long-term development projects such as infrastructure, education, health care, and governance. The goal of foreign aid is to improve the recipient country’s welfare and development outcomes, fostering stability and growth.