This PPAR rates the outcome of the Rehabilitation Loan as unsatisfactory, but rates the outome of the CIRL and FESAL I as satisfactory. The outome of FESAL II is rated as moderately satisfactory. The report...
The report assesses the outcome of three projects in Bulgaria with mixed results, for while the Critical Imports Rehabilitation Loan (CIRL), and the Financial and Enterprise Sector Adjustment Loan (FESAL)...
The Financial and Enterprise Sector Adjustment Loan (FESAL) Project will provide fast-disbursement funds for balance of payment assistance in support of Bulgaria's structural reform program. The Government...