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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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
Pages:
122
Volume:
2016
DOI:
Issue:
273
Series:
Country Report No. 2016/273
Stock No:
1MDGEA2016001
ISBN:
9781475525014
ISSN:
1934-7685
