Which organization primarily makes and guarantees loans to developing nations for basic development projects such as the construction of dams, roads, and schools?

Question

Quizplus · Accepted Answer

The World Bank is an international financial institution that provides loans to developing countries for the purpose of pursuing capital projects, such as building dams, constructing roads, and funding education systems. Its primary goal is to reduce poverty by promoting economic growth and sustainable development in poorer countries.

Which Organization Primarily Makes and Guarantees Loans to Developing Nations