IMF -- Resident Representative Office in Madagascar

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Pierre van den Boogaerde, Resident Representative in Madagascar

Madagascar Resident Representative Site

Resident Representative Office in Madagascar

November 7, 2008

This web page provides information in on the activities of the Office, views of the IMF staff, and the relations between Madagascar and the IMF. Additional information can be found on Madagascar and IMF country page, including official IMF reports and Executive Board documents in English and French that deal with Madagascar.

At a Glance : Madagascar's Relations with the IMF

Current membership: 186 countries
Madagascar joined the Fund in September 25, 1963; Accepted the obligations of Article VIII, Sections 2, 3 and 4: September 18, 1996
Total Quotas: SDR 122.20 Million (As of April 30, 2007)
Loans outstanding: PRGF Arrangements SDR 27.06 Million
Last Article IV Consultation: The 2007 Article IV consultation staff report was discussed by the Executive Board on June 27, 2007 (Country Report No. 07/236, June 6, 2007)

Working Papers and Other Publications

The Implications of the Global Financial Crisis for Low-Income Countries

The global financial crisis is expected to have a major impact on low-income countries (LICs), especially in sub-Saharan Africa—and urgent action is required by LIC policymakers and the international community. The crisis is projected to increase the financing needs of LICs by at least US$25 billion in 2009, and much larger needs are possible.
March 2009

The Balance of Payments Impact of the Food and Fuel Price Shocks on Low-Income African Countries: A Country-by-Country Assessment

This note discusses the implications of the price shocks for the balance of payments of low-income countries in sub-Saharan Africa.
June 30, 2008

How does a domestic tax reform effect protection against imports? The case of the Republic of Madagascar

Working Paper No. 08/151
June 1, 2008

Evaluating Alternative Approaches to Poverty Alleviation: Rice Tariffs versus Targeted Transfers in Madagascar

Working Paper No. 08/9
January 1, 2008

Madagascar and The IMF

Madagascar: A Competitiveness and Exchange Rate Assessment

May 21,2009
Author/Editor: Eyraud, Luc
Series: Working Paper No. 09/107

Republic of Madagascar: Poverty Reduction Strategy Paper - Annual Progress Report - Joint Staff Advisory Note

January 13,2009
Series: Country Report No. 09/11

Republic of Madagascar: Poverty Reduction Strategy Paper - Annual Progress Report for 2007 and First Semester of 2008

January 13,2009
Series: Country Report No. 09/10
Notes: Also available in French

Press Release: Statement by an IMF Staff Mission to the Republic of Madagascar

September 25,2008

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

July 16,2008
Series: Country Report No. 08/232
Notes: Full Text Also Available in French.

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Regional Economic Outlook for Sub-Saharan Africa

Sub-Saharan Africa has been hit hard by the global recession, but signs of resilience remain. While South Africa and some other middle-income countries were caught in the turbulence of international financial markets, and oil exporters saw government revenues plunge, some countries with wider commodity bases have so far escaped the worst of the crisis. Also, and reassuringly, with stronger initial fiscal and external positions than in past downturns, most countries in the region have been able to partially absorb external shocks by allowing fiscal deficits to rise and reducing interest rates. Exchange rates have generally been allowed to adjust. With many families affected by the crisis, however, progress toward the Millennium Development Goals has receded. Looking ahead, fiscal policy must balance support for the recovery with enhancing future growth prospects, debt sustainability, and poverty reduction. Published biannually in May and October.

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Resident Representative for Madagascar

Pierre van den Boogaerde,
Resident Representative in Madagascar
22 avenue General Ramanantsoa
Antananrivo
E-mail: rr-mdg@imf.org
Tel: +(261) 20- 222-8935
Fax: +(261) 20- 222-8935