Republic of Madagascar: Poverty Reduction Strategy Paper: Annual Progress Report: Joint Staff Advisory Note
IMF Staff Country Reports, January 13, 2009
Source details
- Canonical URL
- Republic of Madagascar: Poverty Reduction Strategy Paper: Annual Progress Report: Joint Staff Advisory Note
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Bibliographic details
- Published: January 13, 2009
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781451825480.002
Summary
- Provides feedback from World Bank and IMF staff on the first and second progress reports on the Madagascar Action Plan (MAP)—the poverty reduction and growth strategy for 2007–12.
- Reports progress on governance, including improvements in the functioning of the national anticorruption agency (BIANCO), the establishment of a financial intelligence unit, and improved national security indicators.
- Notes that to further improve transparency the government will need to make an effort to secure property rights through the judicial system or alternative conflict-resolution mechanisms.
Key findings
- MAP covers the period 2007–12.
- Governance improvements documented:
- Functioning of the national anticorruption agency (BIANCO) improved.
- A financial intelligence unit was established.
- National security indicators showed improvement.
- Transparency and property rights:
- Additional effort required to secure property rights through the judicial system or alternative conflict-resolution mechanisms.
Policy recommendations and implications
- Strengthen judicial mechanisms or develop alternative conflict-resolution mechanisms to secure property rights and enhance transparency.
- Continue support for anticorruption institutions (BIANCO) and the financial intelligence unit to sustain governance gains.
- Monitor national security indicators as part of governance and poverty-reduction strategy progress assessment.
Subjects and keywords
- Subjects: Budget planning and preparation, Education, Health, Population and demographics, Poverty, Poverty reduction strategy, Public financial management (PFM)
- Keywords: Africa, Budget planning and preparation, CR, development partner, evolution, fiscal policy, government, ISCR, monetary policy, Poverty reduction strategy, private sector development, sound fiscal policy, sterilization operation, utility company
Content in this bundle
- _cr0911 - Section 1