Which of the following is true of bilateral funding?
A)It is provided by the World Bank only.
B)It is tied to the purchase of goods and services from donor countries.
C)It includes grants and loans that are extended at very high interest rates.
D)It is provided by the International Monetary Fund only.
E)It is provided by philanthropic organizations.

Question

Quizplus · Accepted Answer

Bilateral funding refers to financial aid given directly from one government to another. This aid is often tied to the condition that the recipient country must use a portion of the money to purchase goods or services from the donor country. This is known as tied aid.

Which of the Following Is True of Bilateral Funding