Republic of Madagascar: Third Review Under the Extended Credit Facility and Request for Modification of Performance Criteria-Press Release; Staff Report; and Statement by the Executive Director for Republic of Madagascar
July 25, 2018
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The gradual economic recovery in this fragile state has persisted, with solid growth for the second consecutive year. Fiscal performance has been strong, inflation contained, and the external position robust. Implementation of the authorities’ economic program, supported by an Extended Credit Facility (ECF) arrangement approved in July 2016, has been generally strong, buttressing the recovery.
Subject: Debt sustainability analysis, External debt, Fiscal policy, Fiscal stance, Public and publicly-guaranteed external debt, Public debt
Keywords: CR, Debt sustainability analysis, ECF arrangement, executive board discussion, Extended Credit Facility arrangement, Fiscal stance, Global, government, ISCR, parliament, presidential election date, Public and publicly-guaranteed external debt, staff appraisal, Sub-Saharan Africa
Pages:
100
Volume:
2018
DOI:
Issue:
239
Series:
Country Report No. 2018/239
Stock No:
1MDGEA2018001
ISBN:
9781484370704
ISSN:
1934-7685
