Structural Adjustment Program

Structural adjustment policies (SAP) are loans from the International Monetary Fund( IMF) given to a nation who receives that loan with certain conditions. Nations are demanded to follow these conditions for approval of the loan. Some of the conditions commonly are:
  • Cutting social expenditures,
  • Devaling currencies against the dollar,
  • Lifting import and export restrictions,
  • Balancing budgets and not overspending,
*Removing price controls and state subsidies,

 

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