The World Bank is sharing the seventh edition of the Economic Update of Madagascar, which presents our analysis for the period up to the beginning of October 2017 and provides our medium-term economic outlook. Despite a challenging start due to two climatic shocks, we project growth at 4.1...

Welcome to the June 2018 edition of the World Bank's Madagascar Economic Update, which reports on recent economic developments and presents our medium-term outlook. A special section of this Economic Update focuses on Financial Inclusion

Welcome to the Spring 2019 edition of the World Bank's Madagascar Economic Update, which presents recent economic developments and our medium-term outlook. The economy has continued to perform well, with growth in 2018 estimated at 5.2 percent, above regional and global averages. External demand...

The successful conclusion of the Presidential election in January 2019 represents a historic window of opportunity for Madagascar to break cycles of political instability that abruptly interrupted its development in the past and to leapfrog its economic and social revitalization. Following a...

The Madagascar's economy has suffered but not collapsed since the beginning of the political crisis in early 2009. This resistance is viewed mainly as the combination of: 1) the modest rebound in private activities due to the quasi-absence of violence over the past few months; 2) the surge in...

At the end of 2008, prospects for Madagascar were high with a projected economic growth rate above 7 percent. About twelve months later, unfortunately, the situation looks very different with the impact of the global financial turmoil and the persistence of the political crisis. The local...

After one year of political crisis, uncertainty remains the key word. Private activities have rebounded compared to the first quarter 2009 but are still far from their pre-crisis levels. Fiscal policy, globally cautious, went to several 'stop and go' episodes, sending mixed messages to financial...

In Madagascar, donors have traditionally counted for almost half of the government's budget and have been, by far, the main source of funding in social sectors. Since the beginning of the crisis, official aid toward education, health, and social protection surged, reaching almost US

At the end of 2010, the fiscal situation appears under control with a relatively small deficit estimated around 2 percent of Gross Domestic Product (GDP). This is good news in a country that still suffers from uncertainty about its political future. Yet, this fiscal stability was the result of a...