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Venezuela - Financial Sector Adjustment (英语)

The Financial Sector Adjustment Loan will: (a) liberalize the financial policy environment; (b) reduce the Government's direct role in financial intermediation; and (c) strengthen the competitiveness and financial condition of intermediaries. The objectives will be achieved by: (a) liberalizing commercial bank interest rates except for agricultural lending; (b) reducing the interest rate subsidy and the portfolio requirement for commercial...
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