These documents reveal that borrower performance in implementing adjustment conditionality has been mixed: implementation has been weak in budgetary process and public enterprise reform and in the reduction or restructuring of current expenditures. Fiscal Management in Adjustment Lending - Page 43by Jayati Datta Mitra - 1997 - 179 pagesFull view
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Finn Tarp, Peter Hjertholm - 2000 - 498 pages
...the 1990s, as noted. 14 Examination of completion and audit reports for 97 operations revealed that implementation has been weak in budgetary process...reduction or restructuring of current expenditures. 15 See Shirley and Nellis (1991). World Bank (1995) and White and Bhatia (1998) on public enterprise...