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?

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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.

Soon after 1979, the World Bank began offering loans… — The External Debt and Financial Crises | PakQuizHub