Republic of Madagascar: Fourth Review Under the Poverty Reduction and Growth Facility and Requests for Extension of the Arrangement and Additional Interim Assistance Under the Enhanced Initiative for Heavily Indebted Poor Countries

Author: International Monetary Fund

Volume/Issue: Volume 2004 Issue 091

Publication date: March 2004

ISBN: 9781451825299

$20.00

Add to Cart by clicking price of the language and format you'd like to purchase

Available Languages and Formats


English

Prices in red indicate formats that are not yet available but are forthcoming.

Topics covered in this book

This title contains information about the following subjects. Click on a subject if you would like to see other titles with the same subjects.

Banks and Banking , Exports and Imports , Money and Monetary Policy , Public Finance , Taxation - General , Public Policy - Social Services and Welfare , ISCR , CR , SDR , PRGF arrangement , staffs assessment , tariff relief law , cyclone Gafilo , vanilla export , PRGF loan , Poverty reduction strategy , Exports , Tariffs , Southern Africa , East Africa , Africa

Also of interest

Grenada

Peru

Nepal

Republic of Congo : 2001 Article IV

Summary

Madagascar showed strong economic growth and low inflation under the Poverty Reduction and Growth Facility (PRGF) Arrangement. Executive Directors commended these developments, and stressed the need to restore fiscal discipline, improve governance, strengthen the business climate to encourage private investment, and accelerate structural reforms. They welcomed the plan to privatize and rehabilitate the telecom, cotton, sugar, and utility companies, and agreed that Madagascar has successfully completed the fourth review under the PRGF program, and approved waiver, additional interim assistance, and an extension of the arrangement.