Executive Board
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on the Republic of Madagascar:

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July 27, 2016
November 18, 2015
January 16, 2015
June 18, 2014
July 2, 2008

Article IV Staff Reports

Financial Sector Assessment Program

Projected % Change
   2016  2017
Real GDP 4.1 4.5
Consumer Prices 6.7 6.9
Source: World Economic Outlook (October 2016)
Please refer to more recent Press Release/Staff reports on this country for possible revisions.

Republic of Madagascar: Financial Position in the Fund

Transactions with the Fund


Africa Training Institute

IMF Resident Representative
Office in Madagascar

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Republic of Madagascar and the IMF
Updated December 22, 2016

The last Article IV Executive Board Consultation was on January 16, 2015. 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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November 08, 2000 -- News Brief: IMF Completes Second Review of Madagascar Program and Approves US$9 Million Credit
October 25, 2000 -- HIPC Enhanced Heavily Indebted Poor Countries (HIPC) Initiative - Preliminary Document
Provides a preliminary assessment of a country's eligibility for assistance under the HIPC Initiative, based on a Debt Sustainability Analysis, the track record of policy performance, and progress with developing a poverty reduction strategy. PDF File Size: 605Kb
October 23, 2000 -- Letter of Intent and Memorandum of Economic and Financial Policies of the Government of Madagascar, October 23, 2000
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.
September 26, 2000 -- Statement by the Hon. Tantely R.g. Andrianarivo, Governor of the IMF for Madagascar, on behalf of the Joint African Group at the Joint Annual Discussion
PDF File Size: 157Kb
September 23, 2000 -- Transcript of an IMF Press Conference by Ministers of Finance on Africa’s Prospects
I am delighted to welcome all of you to this press conference today on Africa's economic prospects.
August 30, 2000 -- Public Information Notice: IMF Concludes 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.
August 30, 2000 -- Madagascar: Recent Economic Developments
Series: IMF Staff Country Report No. 00/92
June 23, 2000 -- News Brief: IMF Completes Midterm Review of PRGF-Supported Program for Madagascar, Approves US$41 Million Disbursement
May 24, 2000 -- Madagascar Letter of Intent and Memorandum of Economic and Financial Policies, May 24, 2000
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.
September 29, 1999 -- Statement by the Hon. Tantely Andrianarivo, Governor of the IMF for Madagascar, on behalf of the African Governors, at the Joint Annual Discussion
PDF File Size: 14Kb
July 23, 1999 -- Press Release: IMF Approves Second Annual ESAF Loan for Madagascar and Extends ESAF Commitment Period
July 14, 1999 -- The Cross-Border Initiative in Eastern and Southern Africa
The Initiative comprises a common policy framework aims to facilitate cross-border economic activity by eliminating barriers to the flow of goods, services, labor, and capital, and to help integrate markets by coordinating reform programs in several key structural areas, supported by appropriate macroeconomic policies.
July 13, 1999 -- Policy Framework Paper -- Madagascar: Enhanced Structural Adjustment Facility Policy Framework Paper 1999—2001 -- Table of Contents
Describes economic objectives, macroeconomic and structural policies for three-year adjustment programs supported by ESAF resources, as well as associated external financing needs and major sources of financing
June 28, 1999 -- Madagascar Letter of Intent, June 28, 1999
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 08, 1999 -- Madagascar - Statistical Annex
Series: IMF Staff Country Report No. 99/17
March 02, 1999 -- Public Information Notice: IMF Concludes 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.
November 11, 1997 -- Madagascar--Recent Economic Developments and Selected Issues
Series: IMF Staff Country Report No. 97/106
October 28, 1997 -- Press Information Notice: IMF Concludes 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.
November 27, 1996 -- Press Release: IMF Approves Three-Year ESAF Loan for Madagascar
November 01, 1996 -- Press Release: Madagascar Accepts Article VIII Obligations

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