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WAEC - Economics (2014 - No. 34)

Provision of short-term loans to solve balance of payments problems is done by the
International Finance Corporation
International Monetary Fund
Iternational Bank for Reconstruction and Development
African Development Bank

Paaiškinimas

It strives to ensure the international monetary system's stability. The IMF functions in three main areas: overseeing the economies of member countries, lending to countries with balance of payments issues and offering technical assistance to its member countries.

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