What are the types of foreign aid?
Answer (1)
Types of Foreign AidBilàteral Aid – From one government to another (e.g., US giving aid to the Philippines)Multilateral Aid – From international institutions (e.g., World Bank, Asian Development Bank)Humanitarian Aid – Given during emergencies like typhoons or earthquakesDevelopment Aid – For long-term projects like education, health, or infrastructureForeign Aid is money, food, technical support, or equipment given by one country to another, usually from rich countries to developing ones. It’s often meant to help during crises (like typhoons), promote development, or build stronger diplomatic relations.For example, after Typhoon Yolanda in 2013, many countries sent billions in aid to help Filipinos recover. Foreign aid helped rebuild homes, schools, and roads.But aid also comes with responsibilities. Sometimes, it’s “tied aid,” where the recipient must buy goods from the donor country. Aid can be misused if not managed properly.While foreign aid is not a permanent solution, it can help stabilize a country and improve lives, especially when paired with good governance and transparency.
