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This Precis entitled, Romania's adjustment after the Cold War, complements the Bank's Operations and Evaluation Department (OED), Performance audit report, Romania : Technical assistance / critical imports loan, and the Structural adjustment project, Report No. 15791, dated June 25, 1996. The audit found that the structural adjustment loan was successful, but the loan for critical imports had a very limited impact, insufficient attention to project implementation caused delays that reduced the loan's effectiveness.
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