The ____ promotes private foreign investment through loans and guarantees and also provides technical and managerial assistance on large capital projects.

Question

Quizplus · Accepted Answer

The World Bank, also known as the International Bank for Reconstruction and Development (IBRD), is an international organization that provides loans, guarantees and technical assistance to developing countries. The primary goal of the World Bank is to promote private foreign investment in developing countries to stimulate economic growth and reduce poverty.

The ____ Promotes Private Foreign Investment Through Loans and Guarantees