The Pros And Cons Of Foreign Aid

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Foreign aid is often considered as being misused or wasted on corrupt recipient regimes in spite of any good intent from donor countries. An estimated 1.4 billion people globally lives in absolute poverty i.e. living on less than US $1 per day. (Sachs, 2005) Moreover, 15 million children at least die of starvation every year; these figures are consistently increasing with time despite of the foreign aid. There are several forms of aid, for instance humanitarian aid, food aid, development aid, military assistance, etc. The purpose of development aid is to help developing nations to eradicate poverty. However, in effect, foreign aid has been failing to deliver the actual poor (Shah, 2014). Rather, it mainly gets swallowed by the corrupt regimes or terrorists operating in the country and if not then its exploited by private sectors. This essay will concern foreign aid benefiting the minority rather than the majority. …show more content…

When you inject millions and billions of hard cold cash in to an already disfunctional society it fuels corruption and it allows the regimes to sustain. The government uses the money to pay military, public administration, cabinet ministers, members of parliament, presidential advisors and other autonomous body (Mwenda, 2007). Consequently, the money never reaches the actual common man that it intended to. Confirming it after an internal evaluation Alan Duncan minister from Department of International development said, “ recent evidence suggests that out of every $100 spent only $20 actually reaches afghan recipients.” (Neiil, 2010). Moreover, it disturbs the relationship between the taxpayer and the government whilst disturbing the overall money circulation. For instance, the highest recipient of foreign aid of UK in the year 2014/15 is Pakistan. In a country of 180 million people less than 860,000 people pay income