Which wing of the World Bank is called the 'soft-loan-window' ?
Created: 6 years ago |
Updated: 3 months ago
best ans
The International Development Association (IDA) is known as the soft loan window of the World Bank. It is because IDA provides loans in the interest rates below the market rates. The soft financing is also done in ways such as loan holidays or long repayment periods for the borrowers.
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