Which of the following specializes in granting loans to distressed economies?
Answer Details
The International Monetary Fund (IMF) specializes in granting loans to distressed economies. The IMF is an international organization that aims to promote international monetary cooperation, exchange stability, and economic growth. It provides loans to countries that are experiencing economic difficulties to help them stabilize their economies and restore sustainable economic growth. The loans typically come with conditions, such as policy reforms, to help the borrower country address the underlying problems that led to the economic crisis.