I remember one economist described foreign aid as taking money from poor people of a rich nation like the US and giving it to rich people of poor nations.
That's the nature of political money. Take TESDA here, for instance. As I know, TESDA in the country relies on foreign aid. However, we are told that the protocol here is for a lawmaker to have a 20% cut if any school wants to receive a subsidy.
I remember one economist described foreign aid as taking money from poor people of a rich nation like the US and giving it to rich people of poor nations.
Sounds about right as the aid ever reaches where it is supposed to or if it does the amount has been siphoned off.
That's the nature of political money. Take TESDA here, for instance. As I know, TESDA in the country relies on foreign aid. However, we are told that the protocol here is for a lawmaker to have a 20% cut if any school wants to receive a subsidy.