This web page provides information in on the activities of the Office, views of the IMF staff, and the relations between Madagascar and the IMF. Additional information can be found on Madagascar and IMF country page, including official IMF reports and Executive Board documents in English and French that deal with Madagascar.
At a Glance
- Current IMF membership: 191 countries
- Madagascar joined the Fund in September 25, 1963; Accepted the obligations of Article VIII, Sections 2, 3 and 4: September 18, 1996
- Total Quotas: SDR 244.4 Million
- Loans outstanding: SDR 664.98 Million (June 30, 2024)
- Article IV/Country Report No. 2023/117 (March 21, 2023)
Office Activities
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Workshop on selected issues papers under the 2022 article IV consultation
The IMF Resident Representative’s Office, jointly with the Ministry of Economy and Finance, organized a hybrid closed-door workshop on February 3, 2023 at the Hotel du Louvre.
February 3, 2023
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Interview on social spending and cooperation between Madagascar and the IMF
Article from Midi-Madagasikara (in French)
January 18, 2022
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Interview on IMF priorities for a new program for Madagascar under the Extended Credit Facility
Article from The Africa Report
February 19, 2021
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Article from Les Nouvelles (in French)
February 7, 2020
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“Regional Economic Outlook – Competition, Competitivity, and Growth"
Presentation delivered at the Chamber of Commerce and Industry of Antananarivo (in French)
January 21, 2020
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Q&A session at the Finance Commission of the Senate
Article from Journal Malaza (in French)
November 7, 2019
Madagascar and the IMF
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April 15, 2025
An International Monetary Fund (IMF) team, led by Constant Lonkeng, visited Antananarivo during April 2–14, 2025 to hold discussions on the Second Reviews of Madagascar’s economic program under the Extended Credit Facility (ECF) and the Resilience and Sustainability Facility (RSF) arrangements, approved by the IMF Executive Board in June 2024.
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Improving Education Quality: The Returns to Teacher Training In Madagascar, Republic of Madagascar
April 1, 2025
Author/Editor:Kodjovi M. Eklou | Ialy Rasoamanana | Joanne Tan | Mamy Andrianarilala | Rolland Andrianjaka | Chrystelle Tsafack | Almedina Music
Series:Selected Issues Paper No. 2025/027 -
Rice Production in Madagascar: Challenges to Self-Sufficiency
April 1, 2025
Author/Editor:VAISHALI ASHTAKALA | Joanne Tan | Timila Dhakhwa | Yipei Zhang
Series:Selected Issues Paper No. 2025/028 -
The Electricity Sector and Jirama: Republic of Madagascar
April 1, 2025
Author/Editor:Constance de Soyres | Joanne Tan | Claude P Wendling
Series:Selected Issues Paper No. 2025/026 -
Republic of Madagascar: Selected Issues
March 21, 2025
Series:Country Report No. 2025/061
Fraudulent Scam Emails Using the Name of the IMF
We would like to bring to the notice of the general public that several variants of financial scam letters purporting to be sanctioned by the International Monetary Fund (IMF) or authored by high ranking IMF officials are currently in circulation, and may appear on official letterhead containing the IMF logo. The scam letters instruct potential victims to contact the IMF for issuance of a “Certificate of International Capital Transfer” or other forms of approval, to enable them receives large sums of monies as beneficiaries. The contact e-mail information is always BOGUS and unsuspecting individuals are then requested to send their personal banking details which the scammers utilize for their fraudulent activities.For more information please see Fraudulent Scam Emails Using the Name of the IMF
Departmental Papers of Africa
The Departmental African Paper Series covers research on sub-Saharan Africa conducted by International Monetary Fund (IMF) staff, particularly on issues of broad regional or cross-country interest. The views expressed in these papers are those of the author(s) and do not necessarily represent the views of the IMF, its Executive Board, or IMF Management.