A small country is short on cash for much needed infrastructure development projects. It could go to the World Bank for assistance. True or false?

Respuesta :

Answer:

The correct answer is True.

Explanation:

The condition of small does not exempt small countries from being able to access the resources of the World Bank, taking into account that it not only lends to developed countries, but to those in the process of development. These loans have much lower rates than those of the market and are provided by the International Development Association (IDA), a subsidiary of the World Bank that lends around 6,000 million dollars annually to the world's poorest countries in a very accessible way.

The World Bank is not only dedicated to making loans. It is also dedicated to providing technical assistance, financing, even, some projects dedicated exclusively to specialized advice and training and training people from countries that request loans to develop and execute development programs.

The World Bank also supports projects related to sustainable development. In addition to being the main funder of the Global Environment Facility, it also intervenes in this area through projects related to:

  • The reforestation .
  • Pollution control and land management .
  • Investments in water, sanitation and agriculture.
  • The promotion of national economic policies and action plans for the environment that help conserve natural resources.

------

NOTE: If you need to extend the explanation given, you can make a comment or add a new question. I will be very pleased to help you.