The organization which provides credit to help countries achieve short-term balance in their balance of payment is the?
Question 1 Report
The organization which provides credit to help countries achieve short-term balance in their balance of payment is the?
Answer Details
The organization which provides credit to help countries achieve short-term balance in their balance of payment is the International Monetary Fund (IMF). The IMF is an international organization that works to promote international monetary cooperation and exchange rate stability, facilitate balanced international trade, and provide resources to help member countries in need. One of its key roles is to provide loans and financial assistance to member countries facing balance of payment difficulties, which can help stabilize their economies and prevent crises.
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