Republic of Madagascar: First Review Under the Extended Credit Facility Arrangement-Press Release; Staff Report; and Statement by the Executive Director for Republic of Madagascar

March 16, 2022

Preview Citation

Format: Chicago

Republic of Madagascar: First Review Under the Extended Credit Facility Arrangement-Press Release; Staff Report; and Statement by the Executive Director for Republic of Madagascar, (USA: International Monetary Fund, 2022) accessed November 21, 2024

Also available in: français

Summary

Madagascar continues to be severely affected by the COVID-19 pandemic. After a contraction of GDP estimated at 7.1 percent in 2020, the economic recovery has been sluggish, partly reflecting a delayed reopening of the economy. Postponement of some external budget support, following delays in structural reforms, will open a fiscal financing gap in 2022.

Subject: Budget planning and preparation, Credit, External debt, International organization, Monetary policy, Money, Public debt, Public financial management (PFM), Revenue administration

Keywords: Authorities' effort, Authorities' intention, Budget planning and preparation, Credit, East Africa, Global, Government plan, IMF's transparency policy, Revenue administration measure, Southern Africa

Publication Details

Pages:

112
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2022/079
Stock No:

1MDGEA2022001
ISBN:

9798400203909
ISSN:

1934-7685

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