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  • Type: Journal Issue x
  • Monetary Policy, Central Banking, and the Supply of Money and Credit: General x
  • Current Account Adjustment; Short-term Capital Movements x
  • Archived Series x
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Cover Adjustment Programs in Africa
Adjustment Programs in Africa
The Recent Experience
Mr. Saleh M. Nsouli and Justin B. Zulu

Abstract

This paper reviews recent experience of African countries in the design and implementation of adjustment programs supported by use of Fund resources.

Keywords:
OP; deficit; rate of inflation; current account position; country; record SDR; consumer goods; excess demand pressure; sector disequilibrium; Public enterprises; Inflation; Credit; Current account deficits; Balance of payments deficits; Africa