Definition of «aid package»

An aid package refers to a sum of money, resources or other forms of assistance that is provided by one country, organization or individual to another for the purpose of supporting development projects, disaster relief efforts, humanitarian causes or economic growth. This financial support can come in various forms such as grants, loans, technical assistance, or food aid and may be given to governments, NGOs, or directly to individuals in need. The aim is usually to help the recipient country overcome challenges they face, improve their standard of living, build infrastructure, provide education, healthcare, or emergency relief after a natural disaster or conflict.

Sentences with «aid package»

  • Those numbers probably will be revised downward a bit in the weeks to come after state lawmakers adopt a financial aid package for districts. (newsday.com)
  • It's used by schools to put together your federal student aid package. (salliemae.com)
  • As such, it's crucial that students understand and make the most of their financial aid package in order to lessen the financial burden of college when the time comes. (lendkey.com)
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