Republic of Madagascar : Second and Third Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility and Request for Waiver and Modification of Performance Criteria—Staff Report; Staff Statement; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Republic of Madagascar

Author/Editor:

International Monetary Fund

Publication Date:

February 15, 2008

Electronic Access:

Free Full Text (PDF file size is 663 KB).Use the free Adobe Acrobat Reader to view this PDF file

Summary:

There has been progress in strengthening public financial management; however, improving budget execution and strengthening public finances is required. The tax and custom administration reforms will help bolster private sector-led growth and meet the ambitious revenue target to finance priority expenditure. Monetary and exchange rate policy is required to reduce inflation while preventing an overshooting of the exchange rate. Further progress is needed to foster financial sector development. A more ambitious rehabilitation plan for the electricity sector needs to be designed and implemented with urgency.

Series:

Country Report No. 08/66

Subject:

Notes:

Full text also available in French.

English

Publication Date:

February 15, 2008

ISBN/ISSN:

9781451825459/1934-7685

Stock No:

1MDGEA2008001

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

86

Please address any questions about this title to publications@imf.org