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Adjustment Programme

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Adjustment Programme
A set of economic or monetary policies a government takes in conjunction with the International Monetary Fund to reduce a deficit in a country's balance of payments. An adjustment programme often includes measures designed to make the country more fiscally sound, but which are painful to the populace. For example, an adjustment programme may stipulate a reduction or elimination of food subsidies. See also: Structural Adjustment Loan Facility.


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Moody's views positively the strong start that Greece has made with its Economic Adjustment Programme (EAP), which underpins the EUR 110 bln support package from the ECB and IMF.
Introduction By the second half of 1986, Nigeria began to restructure her economy beginning with the Structural Adjustment Programme (SAP).
The Socialists have also promised to launch a new pension adjustment programme in 2011 to revive their support among the elderly, their key voter base, rocked by tough pension cuts over the past year to hold down the deficit.
 
 
 
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