What are the negative effects of over reliance of foreign aid for the country?

Give the negative effects of over reliance of foreign aid for the country.

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(i) Foreign aid comes with conditions which may benefit the donor country more than the receipt.

(ii) Loans are issued at high interest rates.

(iii) Donor conditions must be fulfilled before funds are released compromising the independence of the nation.

(iv) It is not reliable, it depends on the good will of donors.

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maurice.mutuku answered the question on January 2, 2018 at 06:12

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