Executive Board
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on the Republic of Madagascar:

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June 18, 2014
July 2, 2008
January 30, 2008
June 25, 2007
December 20, 2006

Article IV Staff Reports

Financial Sector Assessment Program

Projected % Change
   2014  2015
Real GDP 3 4
Consumer Prices 7.3 6.6
Source: World Economic Outlook (October 2014)
Please refer to more recent PIN/Staff reports on this country for possible revisions.

Republic of Madagascar: Financial Position in the Fund

Transactions with the Fund


Africa Training Institute

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Republic of Madagascar and the IMF
Updated November 11, 2014

The last Article IV Executive Board Consultation was on June 26, 2007. Listed below are items related to the Republic of Madagascar, in reverse chronological order (you can also view items by category).

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July 03, 2003 -- Madagascar: Third Review Under the Poverty Reduction and Growth Facility--Staff Report; Staff Statement; and Press Release on the Executive Board Discussion
Series: Country Report No. 03/203
July 02, 2003 -- Press Release: IMF Managing Director to Visit Four African Countries and Address the African Union Heads of State Meeting in Maputo
June 30, 2003 -- Press Release: IMF Completes Third Review of Madagascar's PRGF-Supported Program, Approves US$15.9 Million Disbursement
June 10, 2003 -- Madagascar -- Letter of Intent, Memorandum of Economic and Financial Policies, and Technical Memorandum of Understanding, June 10, 2003
This Letter of Intent of the government of Madagascar describes the policies that Madagascar intends to implement in the context of its request for financial support from the IMF.
April 11, 2003 -- Transcript of a Press Conference of African Finance Ministers and Governors of Central Banks
Mr. Charles Konan Banny, Governor of the Central Bank of West African States (BCEAO), Mr. Benjamin Radavidson, Minister of Finance and Budget of Madagascar, Mr. Timothy T. Thahane, Minister of Finance from Lesotho, Mr. Joseph B. Dauda, Minister of Finance of Sierra Leone, Gerald M. Ssendaula, Minister of Finance, Planning and Economic Development of Uganda
February 01, 2003 -- The Equilibrium Real Exchange Rate of the Malagasy Franc: Estimation and Assessment
Author/Editor: Cady, John
Series: Working Paper No. 03/28
January 09, 2003 -- Public Information Notice: IMF Concludes 2002 Article IV Consultation with Madagascar
Each Public Information Notice contains a background section, a table of selected economic indicators, and an Executive Board assessment.
January 09, 2003 -- Madagascar: 2002 Article IV Consultation, Second Review Under the Poverty Reduction and Growth Facility, and Requests for Extension of Arrangement, Waiver of Performance Criteria, and Additional Interim Assistance Under the Enhanced Initiative for Heavily Indebted Poor Countries--Staff Report; and Public Information Notice and News Brief on the Executive Board Discussion
Series: Country Report No. 03/6
January 08, 2003 -- Madagascar: Selected Issues and Statistical Appendix
Series: Country Report No. 03/7
December 23, 2002 -- News Brief: IMF Completes Second Review Under Madagascar's PRGF Arrangement and Approves US$15 Million Disbursement
December 06, 2002 -- Joint Staff Assessment of the Poverty Reduction Strategy Paper Preparation Status Report
Evaluates the strengths and weaknesses of a country's poverty reduction objectives and strategies, and in it the staffs of the IMF and World Bank make recommendations about whether the PRSP or IPRSP provides a sound basis for concessional assistance from the Bank and Fund, as well as for debt relief under the Enhanced Heavily Indebted Poor Countries (HIPC) Debt Initiative. PDF File Size: 67Kb
December 04, 2002 -- Madagascar -- Letter of Intent, Memorandum of Economic and Financial Policies, and Technical Memorandum of Understanding, December 4, 2002
This Letter of Intent of the government of Madagascar describes the policies that Madagascar intends to implement in the context of its request for financial support from the IMF.
November 18, 2002 -- Republic of Madagascar -- Poverty Reduction Strategy Paper Preparation Status Report--Table of Contents, November 18, 2002
Describes the country's macroeconomic, structural, and social policies in support of growth and poverty reduction, as well as associated external financing needs and major sources of financing.
December 13, 2001 -- Public Information Notice: IMF Concludes 2001 Article IV Consultation with Madagascar
Public Information Notices (PINs) form part of the IMF's efforts to promote transparency of the IMF's views and analysis of economic developments and policies.
December 13, 2001 -- Madagascar: Selected Issues and Statistical Appendix
Series: Country Report No. 01/219
December 13, 2001 -- Madagascar: Selected Issues and Statistical Appendix
Series: Country Report No. 01/219
December 05, 2001 -- News Brief: IMF Completes Madagascar's Review Under the PRGF Arrangement and Approves US$14 Million Disbursement
November 13, 2001 -- Transcript of a Press Conference by African Finance Ministers
We have been organizing press briefings for African Governors of the IMF these last two years. This is intended to give you the opportunity to get firsthand information from people who there in Africa struggle on a daily basis against poverty, against debt burden, the HIV/AIDS pandemic, the conflicts.
October 30, 2001 -- Madagascar Letter of Intent, October 30, 2001
This Letter of Intent of the government of Madagascar describes the policies that Madagascar intends to implement in the context of its request for financial support from the IMF.
October 01, 2001 -- Inflation Dynamics in Madagascar, 1971-2000
Author/Editor: Sacerdoti, Emilio | Xiao, Yuan
Series: Working Paper No. 01/168

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