Saturday, 4 December 1999

From "Aid, Conditionality, and Debt in Africa"

By Ravi Kanbur, p. 3.

[...] Four main pressures were present [affecting the release of structural adjustment loans to Ghana, following its failure to meet conditions]: governmental, the private sector (in Ghana and abroad), bilateral donors, and the project officers of the World Bank itself. Everything depends on the relationship between the World Bank and the country, on the macro-level being right and not being off-track. They wanted to get the thing back on track because without that the highway sector project, etc, the project sector officers wouldn’t move unless this was sorted out.

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