This study reviews the Bank's experience with adjustment lending to Sub-Saharan Africa (SSA), from FY80 to FY96. During this period, a total of 163 adjustment operations, for $15 billion have been approved to 37 countries. Of these, a total of 121 have already been evaluated at completion. The study is based on information from all the operations, both completed and ongoing. It focuses particularly on the performance, outcomes, and impact at the country...
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