Structural Adjustment Loan Facility

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Structural Adjustment Loan Facility (SAL)

World Bank program established in 1980 to enhance a country's long-term economic growth through financing projects.

Structural Adjustment Loan Facility

Loans made by the World Bank and/or IMF to developing countries to finance projects, such as infrastructure, that will promote economic growth in the long term. They are often accompanied by requirements that the borrower make changes to its economic or monetary policies in order to better facilitate growth. For example, a structural adjustment loan may include a stipulation that the borrowing country relax any protectionist subsidies or tariffs.
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Enhanced Structural Adjustment Facility (ESAF) a three-year programme (1997-2000) sanctioned for $935 million, Pakistan could draw under this facility only $310 million before it was suspended in October 1997.
The transitional government of Ethiopia implemented an economic reform program in mid-1992, supported by a three-year loan under the IMF's structural adjustment facility (SAF), designed to stabilize the economy and replace the previous system of central control and planning with a market-based system to create a favorable environment for renewed growth.
5 billion under a three year programme of Extended Fund Facility (EFF) and Extended Structural Adjustment Facility (ESAF) due to deviation from the schedule of economic reforms for which Pakistan had entered into a three year agreement with IMF under the Structural Adjustment Programme (SAP).
WASHINGTON, April 26 /PRNewswire/ -- The International Monetary Fund (IMF) today approved a new three-year loan for Kenya under the enhanced structural adjustment facility (ESAF)(A) equivalent to SDR (Special Drawing Rights) 149.
92 million (about $26 million) under the enhanced structural adjustment facility (ESAF)(A) to support the Government's economic reform program for l996.
5 billion under structural adjustment facility due to failure to achieve macro-economic targets specially reduction in budget deficit to 4 per cent of GDP bringing inflation rate down to 8 per cent and containing government borrowings from banking sector.
WASHINGTON, April 10 /PRNewswire/ -- The International Monetary Fund (IMF) today approved a new three-year loan for Mali under the enhanced structural adjustment facility (ESAF)(A) equivalent to SDR 62.
The adjustment programme was supported by a standby and a Structural Adjustment Facility from the IMF and World Bank adjustment loans for agriculture, energy, and the financial sector.
8 million (about $178 million), under the three-year enhanced structural adjustment facility (ESAF)(A).
The gas prices should be at least in line with Extended Structural Adjustment Facility (ESAF) covenants.
5 million (about $246 million) under the enhanced structural adjustment facility (ESAF) (A) in support of the Government's economic and structural reform program during the period 1996-98.
25 million (about $148 million) under the enhanced structural adjustment facility (ESAF)(A) to support the Government's medium-term economic and reform program during the period 1996-98.

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