The IMF's Enhanced Structural Adjustment Facility (ESAF): Is It Working? The 1980s and early 1990s were an exceptionally difficult period for low-income developing countries, particularly in Africa.
Pursuant to Section III, Paragraph 5(b) of the Instrument to Establish a Trust for Special ESAF Operations for the Heavily Indebted Poor Countries and Interim ESAF Subsidy (ESAF-HIPC Trust), the Fund, ...
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