Madagascar plans to raise 8.65 trillion ariary ($1.9 billion) next year chiefly through multilateral loans, a fifth more than it plans to borrow in the current year. Two-thirds of the loans, or 5.84 ...
On September 11, the International Monetary Fund (IMF) warned that Madagascar was living beyond its means. Grappling with major shocks clouding the economy, the country’s spending was far beyond its ...
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