Unlike commercial loans,government-to-government development loans are often made on __________ terms,with long repayment times and low interest rates.

Question

Quizplus · Accepted Answer

Government-to-government development loans are often made on concessionary terms, meaning that they have favorable conditions for the borrower such as long repayment times and low interest rates. This is because they are intended to promote economic development and poverty reduction rather than to generate profit for the lender.

Unlike Commercial Loans,government-To-Government Development Loans Are Often Made on __________