Structural Adjustment Facility



Structural Adjustment Facility (SAF) : In order to reduce their balance of payments deficit and maintaining or regaining the economic growth of member countries, the World Bank has introduced SAF in 1985. These funds are released in two parts and in a series of up to five SAFs to a borrowing country. Generally, the bank imposes stiff conditions for these. These are provided to support to programmes running from 5 to 7 years.




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