Syndicate content

economic update

Madagascar - Résumé de la note économique: Juillet 2010

Jacques Morisset's picture

Apres près d’une année et demie de crise politique, l’économie malgache  résiste grâce à la timide reprise du secteur privé, mais notamment au boom du secteur informel. 

Cliquer ici pour accéder à l’article (Madagascar Tribune 21 Juillet, 2010)

Somber Prospects for Madagascar’s Economy

Noro Andriamihaja's picture

Madagascar’s economy has been in recession since the beginning of the political crisis in March 2009, and prospects for 2010 don’t look too promising.  The prudent fiscal policy adopted by the Government will be increasingly difficult to sustain in 2010. Key financial indicators continue to be vulnerable to policy shifts and shocks, and export competitiveness losses have begun to create pressures on the balance of payments.  All in all, a major turnaround in the downward trend of economic activities is unlikely to occur in 2010.

See an assessment of the Madagascar economy here.