WAEC - Economics (2018 - No. 44)
The International bank for reconstruction and development (IBRD) performs the following functions except?
granting long-term loans
assisting with technical expertise
reducing tariff among members
developing human resource
Giải thích
TheThe International bank for reconstruction and development (IBRD), now known as The World Bank provides low-interest loans, interest-free credit, and grants. It focuses on improving education, health, and infrastructure. It also uses funds to modernize a country's financial sector, agriculture, and natural resources management.