Republic of Madagascar: Sixth Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility
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Summary:
This paper examines Madagascar’s Sixth Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility (PRGF). Madagascar’s performance under the program in 2004 has been broadly satisfactory, particularly in light of the difficult economic environment that prevailed during the first half of the year. All quantitative performance criteria at end-September and the structural performance criterion at end-December have been met. Further steps are needed to strengthen monetary policy implementation. Implementation of public enterprise reform, which has been uneven, also needs to be accelerated.
Series:
Country Report No. 2005/156
Subject:
Banking Credit Expenditure Macrostructural analysis Money Poverty Poverty reduction strategy Revenue administration Structural reforms
English
Publication Date:
May 10, 2005
ISBN/ISSN:
9781451825343/1934-7685
Stock No:
1MDGEA2005001
Pages:
65
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