I fully agree with the given statement as monetary help often failed to improve the condition of poor nations. So other forms of improvement schemes and help could be a better solution to help the poor countries.
It is said that support funds that are given to third world countries will not solve the poverty issue and therefore developed countries should think of other kinds of help, which are more effective. To a certain point, I would agree that there should be an alternative kind of help for the poor countries, but financial support would also be needed for a short time period.