Literia, a country in Asia, is experiencing a financial crisis. Its currency has lost much of its value, and the country's currency reserves are depleting. In this scenario, which of the following multilateral organizations is most likely to provide loans to Literia to rescue it from its financial crisis?

Question

Quizplus · Accepted Answer

The International Monetary Fund (IMF) is the organization most likely to provide loans to countries experiencing a financial crisis to stabilize their economies. The IMF's primary purpose is to ensure the stability of the international monetary system, and it does so by providing financial assistance to countries in need.

Literia, a Country in Asia, Is Experiencing a Financial Crisis