IMF Staff Country Reports

Republic of Madagascar: Request for an Arrangement Under the Extended Credit Facility: First Review Under the Staff Monitored Program-Press Release; Staff Report; and Statement by the Executive Director for Republic of Madagascar

August 16, 2016

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Republic of Madagascar: Request for an Arrangement Under the Extended Credit Facility: First Review Under the Staff Monitored Program-Press Release; Staff Report; and Statement by the Executive Director for Republic of Madagascar, (USA: International Monetary Fund, 2016) accessed September 21, 2024

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Summary

This paper discusses the Republic of Madagascar’s request for an arrangement under the Extended Credit Facility (ECF) and first review under the Staff Monitored Program (SMP). Madagascar’s macroeconomic performance was broadly satisfactory under the SMP, which ran from September 2015 to the end of March 2016. The authorities’ ECF-supported program, anchored on their National Development Plan, aims to reinforce macroeconomic stability and promote sustainable and inclusive growth. It focuses on promoting robust and inclusive growth, combining improved access to education, health care, and social protection with infrastructure and private sector development. The IMF staff supports the authorities’ request for an ECF.

Subject: Banking, Credit, External debt, Money, Public financial management (PFM), Revenue administration, Tax administration core functions

Keywords: Asset declaration, CR, Credit, East Africa, Electricity tariff, Europe, Global, ISCR, Madagascar's terms of trade, Priority spending, Southern Africa, Sub-Saharan Africa, Tariff increase, Tax administration core functions

Publication Details

  • Pages:

    122

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 2016/273

  • Stock No:

    1MDGEA2016001

  • ISBN:

    9781475525014

  • ISSN:

    1934-7685

Notes