Rich countries often give money to poorer countries, but it does not solve poverty. Therefore, developed countries should give other types of help to the poor countries rather than financial aid. To what extent do you agree or disagree?

It has been a norm that developed

nations

give financial support to underdeveloped

nations

. Some people believe that they should assist these marginalised

countries

in other ways

instead

of giving them money. I agree with

this

notion to a certain extent. I believe that

in addition

to money, they should give assistance in other ways to help the poor.

Firstly

, it is imperative that first-world states give financial support to third-world states for most of them are drowning in debt because they are mostly dependent on loans which they continuously take in order to meet the financial demands of their

nations

.

For example

, almost half of the regions in Africa are unstable, there is high inflation and they are not liable to borrow anymore because they could be owing other

nations

.

Therefore

any financial help especially from the richer

nations

would be of great assistance.

Besides

giving assistance financially, the well-up

nations

can help the less developed

countries

by introducing programmes that alleviate poverty

as well as

financial literacy. Most African

countries

are rich in resources

such

as minerals and vast farming land but the majority of the citizen do not have the capacity

as well as

the knowledge to draw out profit from them. Since richer

nations

were once poor, they could come in with their experience and train leaders of these governments on how to prioritise finances.

For instance

, there have been reports that many of these governments are struggling with corruption and mismanagement of funds. Moreso, developed

countries

could be of great help to raise these

nations

from suffering. In conclusion,

although

giving money to poor states has been a common gesture by rich

nations

, that has not been enough to bring them out of poverty. More needs to be done to assist the disadvantaged

nations

.