Understand the Difference Between a Pledge and a Donation

As of Wednesday, February 16, 2022, foreign governments and international financial institutions had pledged $600 million in immediate and long-term aid to help Haiti’s cash-starved government launch a four-year plan to assist devastated communities along with its southern peninsula recover and rebuild after the deadly earthquake last August. To begin, here are a few definitions: One of the most common meanings of…
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