Republic of Madagascar: Joint Staff Assessment of the Poverty Reduction Strategy Paper Progress Report

Author: International Monetary Fund

Volume/Issue: Volume 2004 Issue 403

Publication date: December 2004

ISBN: 9781451825329

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Topics covered in this book

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Public Finance , Environmental Economics , Public Policy - Social Services and Welfare , ISCR , CR , authority , PRSP objective , sanitation authority , PRSP action , civil aviation authority , PRSP remains , Progress in the context , PRSP priority ministry , Poverty reduction strategy , Poverty reduction , Global

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Summary

This paper presents a Joint Staff Assessment of the Poverty Reduction Strategy Paper Progress Report for Madagascar. The assessment reveals that following a strong noninflation growth performance in 2003, macroeconomic developments in 2004 have been affected by adverse exogenous shocks. Madagascar is making good progress in implementing its poverty reduction strategy, which is delivering results. Primary net enrolment rates have increased from about 70 percent in 2002 to 84 percent in 2003/04. The roads program has been successful and rehabilitated about 1,850 km of roads, a threefold increase over 2001.