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Temporary Committees, Commissions, and Boards -- Task Force on Local Cost Financing under Adjustment Operations
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Moeen Qureshi, the Senior Vice President Operations, set up the Task Force on Local Cost Financing under Adjustment Operations in May 1990 to review the appropriateness of financing local costs from the proceeds of adjustment loans and credits, and defining the limits on such financing where that was found appropriate. The Task Force contained representatives of the Legal Department, the Country Economics Department, the Central Operations Department, and the four Regional Offices.