Which of the following is true for the International Bank for Reconstruction and Development (IBRD)?
A)It disburses loans to countries with the purpose of building economies and reducing poverty.
B)It provides interest-free loans to countries with sovereign guarantees.
C)It facilitates sustainable development by improving investments in the private sector.
D)It focuses on improving the foreign direct investment of developing countries.
E)It provides a means for dispute resolution between governments and private investors with the end goal of enhancing the flow of capital.

Question

Quizplus · Accepted Answer

The International Bank for Reconstruction and Development (IBRD) is a global development cooperative owned by 189 member countries. Its primary purpose is to disburse loans and offer advice and training to middle-income and credit-worthy low-income countries to support their development goals, such as building infrastructure and reducing poverty, which aligns with option A.

Which of the Following Is True for the International Bank