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
and held him close
when he went for the knot
of my underclothes
and I’d already untied it.”
—Hla Stavhana (c. 50 A.D.)
“Technological innovation has done great damage ... to eating habits. Food is now available in such unpleasant forms that one frequently finds smoking between courses to be an aid to digestion.”
—Fran Lebowitz (b. 1950)