Enhanced structural adjustment facility


Enhanced structural adjustment facility

The Enhanced Structural Adjustment Facility (ESAF) was a program of financial assistance given to poor countries from December 1987 through 1999 through the International Monetary Fund. It replaced the Structural Adjustment Facility (SAF) and was itself replaced by the Poverty Reduction and Growth Facility (PRGF).

During the programs tenure, approximately 10.1 billion dollars were disbursed, through low interest (.5 % annual) loans payable after 5 1/2 years, and due in 10 years.

References

* [http://www.imf.org/external/np/exr/facts/esaf.htm IMF Page on the ESAF]


Wikimedia Foundation. 2010.

Look at other dictionaries:

  • Poverty Reduction and Growth Facility — The Poverty Reduction and Growth Facility (PRGF) is an arm of the International Monetary Fund which lends to the world s poorest countries. It was created in September 1999, replacing the Enhanced Structural Adjustment Facility.PRGF supported… …   Wikipedia

  • Kwesi Botchwey — is a Ghanaian former government official and Professor of Practice in Development Economics at The Fletcher School of Law and Diplomacy of Tufts University. Botchwey was Ghana s Minister of Finance from 1982 to 1995. He was appointed by Jerry… …   Wikipedia

  • Nicaragua — Nicaraguan, n., adj. /nik euh rah gweuh/, n. 1. a republic in Central America. 4,386,399; 57,143 sq. mi. (148,000 sq. km). Cap.: Managua. 2. Lake. Spanish, Lago de Nicaragua. a lake in SW Nicaragua. 92 mi. (148 km) long; 34 mi. (55 km) wide; 3060 …   Universalium

  • Yemen — Republic of Yemen الجمهورية اليمنية al Jumhūrīyah al Yamanīyah …   Wikipedia

  • Economy of Cameroon — For a quarter century following independence, Cameroon was one of the most prosperous countries in Africa. The drop in commodity prices for its principal exports mdash;petroleum, cocoa, coffee, and cotton mdash; in the mid 1980s, combined with an …   Wikipedia

  • Strukturanpassungsprogramm — (SAP, englisch: Structural Adjustment Program, von der Enhanced Structural Adjustment Facility deshalb auch ESAF Programme) bezeichnet wirtschaftliche Maßnahmen in Ländern der Dritten Welt, die vom Internationalen Währungsfonds (IWF) und der… …   Deutsch Wikipedia

  • Heavily Indebted Poor Countries — thumb|350px|The 38 states recognized as the Heavily Indebted Poor Countries (HIPC).Heavily Indebted Poor Countries (HIPC) are a group of 37 developing countries with high levels of poverty and debt overhang which are eligible for special… …   Wikipedia

  • Economy of Rwanda — Infobox Economy country = Rwanda currency = Rwandan franc (RWF) year = calendar year organs = WTO, ECCAS, EAC, COMESA rank = 135 gdp = $13.7 billion (2006) growth = 5.8% (2006) per capita = $1,600 (2006) sectors = agriculture: 39.4%, industry: 23 …   Wikipedia

  • Economy of Yemen — Infobox Economy country = Yemen currency = Yemeni rial (YER) year = Calendar year organs = GAFTA rank = 117th gdp = $20.38 billion (2006) growth = 3.2% (2006) per capita = $900 (2006) sectors = agriculture: 12.5%, industry: 43.8%, services: 43.7% …   Wikipedia

  • Gulf War — This article is about the war in 1990/91. For other wars of that name, see Persian Gulf War (disambiguation). Operation Desert Storm redirects here. For the video game, see Operation: Desert Storm (video game). Gulf War …   Wikipedia