## 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](https://www.imf.org/en/publications/cr/issues/2016/12/31/republic-of-madagascar-poverty-reduction-strategy-paper-annual-progress-report-joint-staff-22607)

## Other formats

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## Bibliographic details
- Published: January 13, 2009
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781451825480.002

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### 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

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_Source: https://www.imf.org/en/publications/cr/issues/2016/12/31/republic-of-madagascar-poverty-reduction-strategy-paper-annual-progress-report-joint-staff-22607_
