Foreign aid refers to the financial, technical, or other forms of assistance given by one country to another to support its economic, social, and political development.
Tied loans are foreign loans, usually provided to less developed countries, that require the borrowed funds to be spent on goods and services from the lender nation. This contrasts with untied loans, which do not have such conditions.
The U.S. Agency for International Development (USAID) is an independent federal agency that provides civilian aid to foreign countries, aiming to improve global development, health, education, and economic growth.
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