Definition: Enhanced structural adjustment facility

Category: IMF terminology

Facility established in December 1987 to provide assistance on concessional terms to low-income member countries facing protracted balance of payments problems (Changed to the Poverty Reduction and Growth Facility in 1999.) http://www.imf.org/external/np/exr/glossary/showTerm.asp
Source:
International Monetary Fund (IMF), "Online glossary of selected financial terms" (as per March 15th, 2008), International Monetary Fund, Washington D.C., 2008
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