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Structural Adjustment Loan Facility
(redirected from Structural Adjustment Facility)

    Also found in: Acronyms 0.02 sec.
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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In this paper, four types of IMF programmes are evaluated, because they have constituted a substantial portion of the IMF's lending to its developing members: standby arrangements, extended fund facility (EFF), structural adjustment facility (SAF), and enhanced structural adjustment facility (ESAF).
IMF programmes in emerging countries by Evrensel, Ayse Y. / Comparative Economic Studies
In addition, a Structural Adjustment Facility was created which in 1987 was incorporated into the Enhanced Structural Adjustment Facility.
Thinking the unthinkable: combining the IMF and World Bank? by Fischer, Fritz / The International Economy
There is also the 60 million euros structural adjustment facility, aiming at supporting the government's macroeconomic objective of increasing growth through greater openness and a sustainable reduction in the budget deficit.
?EC report praises Jordan's aid absorbance by The Star (Amman, Jordan)
 
 
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