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The World Bank and IMF give respectively:
Long term and short term credits
Short term and long term credits
Both long term credits
Both short term credits
The World Bank is playing the main role in providing loans for the development works to the member countries. It provides long term loans for 5 to 25 years. Assurance of exchange rate stability is the function of the IMF.
By: Parvesh Mehta ProfileResourcesReport error
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