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In Business / High School | 2014-10-20

True or false?

West African coastal countries have borrowed money from the World Bank and the International Monetary Fund.

Asked by Aileen875

Answer (3)

True, West African countries borrowed money fro the World Bank and the International Monetary Fund. West African countries are developing economies which similar to other developing economies in Africa and the rest of the world have taken loans and development funds from the IMF and the World Bank.

Answered by Gibbs | 2024-06-10

True, West African coastal countries have indeed borrowed money from the World Bank and the International Monetary Fund.

Answered by ZackFry | 2024-06-10

West African coastal countries have borrowed from the World Bank and the International Monetary Fund for development purposes. These loans are aimed at improving infrastructure and reducing poverty. The borrowing has been ongoing, particularly in times of economic need.
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Answered by Gibbs | 2025-06-12