Republic of Madagascar : Request for a Three-Year Arrangement Under the Poverty Reduction and Growth Facility and Activation of the Trade Integration Mechanism—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:

August 16, 2006

Electronic Access:

Free Full text (PDF file size is 957 KB).Use the free Adobe Acrobat Reader to view this PDF file

Summary:

Madagascar is one of the poorest countries in sub-Saharan Africa, ranking 146 out of 177 on the United Nations Human Development Index. The country has one of the lowest tax revenue-to-GDP ratios in the world (10.1 percent in 2005). To address these challenges, the authorities are requesting a new three-year arrangement under the Poverty Reduction and Growth Facility (PRGF) to support their economic program for 2006–08. Broad money growth declined sharply in 2005, but credit to the private sector was strong. The banking system is profitable and well capitalized.

Series:

Country Report No. 06/306

Subject:

Frequency:

Monthly

English

Publication Date:

August 16, 2006

ISBN/ISSN:

9781451825404/1934-7685

Stock No:

1MDGEA2006004

Price:

$15.00 (Academic Rate:$15.00)

Format:

Paper

Pages:

125

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