IMF Staff Country Reports

Republic of Madagascar: Ex Post Assessment of Longer-Term Program Engagement

October 11, 2005

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Republic of Madagascar: Ex Post Assessment of Longer-Term Program Engagement, (USA: International Monetary Fund, 2005) accessed November 9, 2024

Summary

This paper discusses key findings of the Ex Post Assessment of Longer-Term Program Engagement for Madagascar. The paper focuses on performance during the programs supported by the 1989 and 1996 Enhanced Structural Adjustment Facility programs, and the 2001 Poverty Reduction and Growth Facility. Despite nearly continuous involvement by the IMF, other international financial institutions, and bilateral donors, economic progress has been slow. Only the most recent years have witnessed inroads into poverty reduction of some significance. However, the country’s growth base remains narrow, and its institutional framework and governance weak.

Subject: Civil service reform, Labor, Macrostructural analysis, Poverty, Poverty reduction, Public financial management (PFM), Revenue administration, Structural reforms

Keywords: Banking system, Civil service reform, CR, Economic growth, Exchange rate, Government ownership, Implementation capacity, ISCR, Macroeconomic policy, Poverty reduction, Reform effort, Structural reforms, Sub-Saharan Africa

Publication Details

  • Pages:

    48

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 2005/363

  • Stock No:

    1MDGEA2005004

  • ISBN:

    9781451825367

  • ISSN:

    1934-7685