Cover The ESAF at Ten Years
The ESAF at Ten Years
Economic Adjustment and Reform in Low-Income Countries
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Abstract

For over 10 years, the IMF has supported adjustment and reform programs in many of its low-income members through two facilities established specifically for that purpose - the Enhanced Structural Adjustment Facility (ESAF) and its precursor the Structural Adjustment Facility (SAF). By the end of 1994, 36 countries had availed themselves of these facilities, in support of 68 multi-year programs. This study summarizes the findings of a review of the experience under these programs and of economic developments in the countries that undertook them.

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Author:
International Monetary Fund
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Series:
Occasional Papers
Publisher:
International Monetary Fund
Language:
English
Publication Date:
12 Feb 1998
DOI:
https://doi.org/10.5089/9781557756930.084
ISBN:
9781557756930
ISSN:
0251-6365
Pages:
57
Keywords:
OP; country; ESAF country; ESAF-supported program; ESAF; ESAF arrangement; ESAF support; ESAF user; Inflation; Public enterprises; Exports; Structural reforms; Africa; Western Hemisphere; Asia and Pacific; Baltics; West Africa
Legal-disclaimer:
The views expressed in this book are those of the authors and should not be reported as or attributed to the International Monetary Fund, its Executive Board, or the governments of any of its member countries.
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