Economic Aid

Economic aid refers to financial support given by governments, organizations, or individuals to help countries or communities improve their economic situation. This assistance can take various forms, including grants, loans, or technical support. The purpose is often to alleviate poverty, support development projects, or respond to humanitarian crises. Economic aid aims to foster growth, stabilize economies, and promote sustainable development, enhancing the living conditions of people in need. It can be bilateral (between two countries) or multilateral (involving multiple countries or international organizations).