When a country accepts a loan from the imf or world bank, the loan also comes with a number of mandatory conditions that the country must meet. often, these conditions include:____.

When a country accepts a loan from the IMF or World Bank, the loan also comes with a number of mandatory conditions that the country must meet. often, these conditions include:

lowering education and health care spending,
selling state-owned businesses including the water system, and
implementing free-trade and foreign investment-friendly policies

What is International Monetary Fund (IMF)?

The International Monetary Fund (IMF) is a global institution that fosters international trade, fights poverty, and works to increase financial stability and global economic progress.

Some features of IMF are-

Making loans to nations in economic hardship in order to avert or lessen financial crises is one of IMF's most crucial responsibilities.
The Bretton Woods agreement which sought to promote global financial cooperation by establishing a system of interchangeable currencies with fixed exchange rates, led to the creation of the IMF in 1945.
The International Monetary Fund (IMF) compiles enormous volumes of data on individual national economies, international commerce, and the overall global economy and offers economic predictions.

To know more about the purpose of the International Monetary Fund and the World Bank, here

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