India - Structural Adjustment Loan/Credit Project (英语)
The Structural Adjustment Loan/Credit Project for India was rated satisfactory. The project achieved its objectives, its impact on institutional development has been substantial, sustainability is uncertain, and the performance of both the Bank and Borrower was satisfactory. Several lessons can be learned from this project. First, the SAL experience reaffirms the centrality of macroeconomic stabilization to the prospects for sustainability. Second...
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