## Republic of Madagascar: Economic Development Document

_IMF Staff Country Reports, July 18, 2017_

## Source details

**Canonical URL:** [Republic of Madagascar: Economic Development Document](https://www.imf.org/en/publications/cr/issues/2017/07/18/republic-of-madagascar-economic-development-document-45099)

## Other formats

- [Markdown version](/en/publications/cr/issues/2017/07/18/republic-of-madagascar-economic-development-document-45099/index.md)
- [Structured JSON version](/en/publications/cr/issues/2017/07/18/republic-of-madagascar-economic-development-document-45099/index.json)
- [Bundle manifest](/en/publications/cr/issues/2017/07/18/republic-of-madagascar-economic-development-document-45099/bundle-manifest.json)

## Bibliographic details
- Published: July 18, 2017
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781484310670.002

---

### Strategy overview
- Describes the strategy adopted by the government of Madagascar to reverse the trend of modest economic performance, deteriorating social conditions, and persistent poverty observed in recent years.
- Strategy addresses the underlying causes of poverty.
- Primary aim of fiscal policy is to increase revenue and rationalize budget expenditure to provide ample margins to finance priority spending, specifically social and infrastructure spending.

### Fiscal policy priorities
- Expand the tax base.
- Continue reform of tax and customs administration.
- Eliminate the causes of inefficient public expenditure.
- Provide ample margins to finance priority spending, specifically social and infrastructure spending.

### Monetary policy objectives
- Regulate domestic liquidity to normalize trends in economic activities.
- Achieve the inflation targets of less than 10.0 percent.

### Subject areas covered
- Corruption
- Education
- Infrastructure
- National accounts
- Population and demographics
- Poverty
- Poverty reduction

### Keywords highlighted
- air Madagascar
- asset recovery authority
- CR
- development framework
- economic growth
- economic system
- energy security
- financing requirement
- government securities market
- Infrastructure
- ISCR
- land tenure
- per capita income
- poverty profile
- poverty rate
- Poverty reduction
- private sector
- purchasing power
- Sub-Saharan Africa

*International Monetary Fund. Republic of Madagascar: Economic Development Document (IMF Staff Country Reports 2017, No. 2017/225).*

---

## Content in this bundle

- **Country Report**
  - [Country Report (Markdown version)](/-/media/files/publications/cr/2017/cr17225.pdf.md){rel="alternate" type="text/markdown"}
  - [Country Report (PDF)](/-/media/files/publications/cr/2017/cr17225.pdf){rel="external" type="application/pdf"}

---

_Source: https://www.imf.org/en/publications/cr/issues/2017/07/18/republic-of-madagascar-economic-development-document-45099_