Despite some minor setbacks, SAPs were successful in achieving their primary goal of reducing debt.

Question

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Structural Adjustment Programs (SAPs), implemented by the International Monetary Fund (IMF) and the World Bank in developing countries, often faced criticism for not successfully achieving their primary goal of reducing debt. Instead, they frequently led to increased poverty and inequality, as the austerity measures and economic restructuring they mandated could undermine social welfare and economic stability.

Despite Some Minor Setbacks, SAPs Were Successful in Achieving Their