Progress report on the follow-up on AAF-SAP

Abstract

In resolution 676 (XXIV), which adopted the African Alternative Framework to Structural Adjustment Programmes tor Socio-Economic Recovery and Transformation (AAF--SAP), the ECA Conference of ministers specifically requested for a number of important follow-up actions. These included: (a) Submission of ASF-SAP to the Working Group of African Governors of the International Harretary Fund and the World Bank for inclusion in the memoranda to the Plan-aging Director of the IMF and the President of the World Rank as well as the Joint. Statement to the annual meeting; (b) To undertake close consultations on AAF-SAP at management level with multilateral development and finance institutions; (c) To undertake close consultations at technical levels, again, with the multilateral and finance institutions; (d) Presentation of AAF-SAP to the 1989 second regular session of the Economic and Social Council (EC050C); (e) To have AAF-SAP included in the agenda of the forty-fourth session and to have it circulated as a General Assembly document; (f) Submission of AAF-SAP to the meeting of the Development Committee of the World Bank and the IMF.