Republic of Madagascar: Request for Disbursement Under the Rapid Credit Facility

July 2, 2014

Preview Citation

Format: Chicago

Republic of Madagascar: Request for Disbursement Under the Rapid Credit Facility, (USA: International Monetary Fund, 2014) accessed September 20, 2024

Also available in: français

Summary

This paper focuses on Madagascar’s Request for Disbursement Under the Rapid Credit Facility (RCF). The Malagasy authorities managed to avert a macroeconomic crisis during a difficult period of political transition and economic uncertainty since 2009. However, these disruptions have constrained growth and fiscal revenue, leading to a sharp compression of public investment and social outlays. The authorities are requesting a disbursement under the RCF. They also see the RCF as a stepping stone for a possible future arrangement addressing Madagascar’s medium-term challenges and as a positive signal to development partners. The IMF staff supports the authorities’ request for a disbursement under the RCF.

Subject: Arrears, External debt, Public and publicly-guaranteed external debt, Public debt, Revenue administration

Keywords: Arrears, CR, Customs revenue administration, Debt, Government, ISCR, Malagasy economy, Public and publicly-guaranteed external debt, RCF disbursement, RCF financing, Reform strategy, Southern Africa

Publication Details

Pages:

61
Volume:

---
DOI:

---
Issue:

---
Series:

Country Report No. 2014/181
Stock No:

1MDGEA2014001
ISBN:

9781498333832
ISSN:

1934-7685

Notes

Also available in French

FACTSHEETS

RESOURCES

TOPICS

Flagship Publications

Other Publications

IMF reports and publications by country

Regional Offices

All News

See Also

For Journalists

Press Center

RESOURCES

FLAGSHIPS

KEY SERIES

IMF NOTES

IMF Staff Country Reports