Untied Aid is assistance given to developing countries which can be used to purchase goods and services in virtually all countries. It is contrasted with tied aid which stipulates that goods and services bought with it can only be purchased from the donor country or from a limited selection of countries.
Read more about Untied Aid: Reasons For Using Untied Aid, See Also
Famous quotes containing the words untied and/or aid:
“Even he was abashed
and I laughed
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when he went for the knot
of my underclothes
and Id already untied it.”
—Hla Stavhana (c. 50 A.D.)
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—Ralph Waldo Emerson (18031882)