Increase in Aid

The Canadian government pledges $250 million to help fight AIDs and tuberculosis. This aid may not take the form of direct aid, but rather money for the recipient nations accompanied by Canadian experts to help create/ improve/maintain health infrastructure. That way when the money runs out the infrastructure will exist and be owned locally.

Globe, but is it good?Europeans have pledged 4 billion in aid for life-saving vaccines. The scheme that the money is tied to is predicted to save between 5 million children over the next 10 years. The European plan (backed heavily by England) has been criticized because it encourages borrowing of finance, that may take more aid to pay off in the future. Many economists have argued that the numbers don’t mean that more debt is inevitable.

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