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 The International Monetary Fund (IMF) is a major financial agency of the United Nations, and an international financial institution funded by 191 member countries, with headquarters in Washington, D.C. It is regarded as the global lender of las ...

. It replaced the Structural Adjustment Facility (SAF) and was itself replaced by the

Poverty Reduction and Growth Facility The Poverty Reduction and Growth Facility (PRGF) is an arm of the International Monetary Fund The International Monetary Fund (IMF) is a major financial agency of the United Nations, and an international financial institution funded by 191 mem ...

(PRGF). During the program's tenure, approximately 10.1 billion dollars were disbursed, through low interest (.5 % annual) loans payable after 5½ years, and due in 10 years.

References

IMF Page on the ESAF
{{DEFAULTSORT:Enhanced Structural Adjustment Facility Projects established in 1987 Projects disestablished in 1999 International development programs International finance institutions International Monetary Fund