Soon after 1979, the World Bank began offering loans focused on reforms in specific sectors such as trade, agriculture, industry, public enterprises, finance, energy, and education. What were these loans called?

The External Debt and Financial Crises MCQs for PPSC, FPSC, NTS, and Pakistan government job tests. Select an option below, then read the explanation.

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Subject
The External Debt and Financial Criseseconomics-mcqs › the-external-debt-and-financial-crises
Published
27 May 2019
Last updated
28 May 2026

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Explanation

The World Bank introduced sectoral adjustment loans shortly after 1979 to support reforms targeting particular sectors like trade, agriculture, and energy. These loans were designed to promote improvements within specific areas rather than broad structural changes.

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