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Archive for November 30th, 2009

How many African countries who borrowed from the IMF before had to go through SAP to get new loans or help?

November 30th, 2009 | Author: admin
debt reduction
George asked:


SAP = Structural Adjustment Program

I am wondering if all of them had trouble repaying their principals and the interests on their debts and had to undergo SAP to either get new loans or reduction of interest rates on their former loans.

Tad Michalik

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