Foreign aid

The purpose, costs, recipients, and results of assistance abroad.

Issue discussion in preparation.

Principles

Get your own financial house in order before making commitments to support others.
Borrowed aid creates repayment and interest obligations; identify sustainable funding and verify that assistance reaches its intended purpose.

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What must be included when aid is financed by borrowing?

Repayment and interest obligations together with a credible funding plan.

No future cost because the spending is intended to help.

Only the amount transferred in the first year.

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