Bill Gates Discusses Criteria For Foreign Aid Disbursement
Gates Notes: Who Should Get Foreign Aid?
Bill Gates, co-chair of the Bill & Melinda Gates Foundation, examines how countries qualify for foreign aid, noting he will attend a World Bank meeting later this month to discuss the issue. He outlines how national income levels are an insufficient indicator for aid disbursement and evaluation, stating, “The point of aid is not to raise incomes; it is to help people improve their lives. So income should not be the only measure of success…” (4/5).