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Current Affairs Medium FPSC PPSC NTS Uploaded: 20 Jun 2026

Which international financial institution primarily focuses on providing loans for development projects in poorer countries?

  • A IMF
  • B World Bank
  • C WTO
  • D OECD
Correct Answer: Option B — World Bank
Explanation:
The World Bank focuses on providing long-term loans and grants for development projects in developing countries, distinguishing it from the IMF, which primarily addresses short-term balance of payments issues.
Submitted by: PaperMCQs
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