The program has three components: (i) macroeconomic stability; (ii) srengthening of the financialsafety net (FSN) through: (a) strengthening prudential regulation and supervision, (b) strengthening the other basic institutional elements of the FSN; (iii) improving access to financing, with the following subcomponents:
(a) promoting transparency of information and protection for financial service customers;
(b) improving the regulatory framework and the process for enforcing secured transactions; and
(c) institutional strengthening of the savings & loan cooperatives.
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