Aid payments are dwarfed by what’s lost to spurious debts, profit extraction, and dodgy invoicing, but help to feed a narrative of the industriousness and benevolence of developed countries.

“What this means is that the usual development narrative has it backwards. Aid is effectively flowing in reverse. Rich countries arenโ€™t developing poor countries; poor countries are developing rich ones.”

In other words, for every $1 of aid that developing countries receive, they lose $24 in net outflows

https://www.theguardian.com/global-development-professionals-network/2017/jan/14/aid-in-reverse-how-poor-countries-develop-rich-countries