Warnings for Malagasy Economy and People

The International Monetary Fund (IMF) has concluded an in-country review of Madagascar’s economic situation with a warning that ‘outside shocks’ ‘cloud’ the country’s economic outlook. While the international financial body, which last year stepped in to provide Madagascar with and Extended Credit Facility (ECF) and a Resilience and Sustainability Facility (RSF), both of which it believes can help the…

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King’s Posthumous Return Postive – But Madagascar Needs More Than Bones

The French government has returned three skulls – one believed to be of a Malagasy king decapitated by French troops – to Madagascar in the latest step towards a rapprochement between the two states. The skulls were officially handed over to Malagasy government representatives in a ceremony at the French Culture Ministry in Paris, and are scheduled be carried…

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Funding cuts hit Malagasy communities

‘Bordeaux (who only wished to give his first name), a farmer with sharp features, does not know who Donald Trump is, but he knows that everything stopped for him in February. Suddenly, gone were the promises of a permanent house, enough seed for five years, fertilizers, farming equipment and technical support to cultivate a two-hectare field provided by the…

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Forgive debts which cannot be paid

The world’s ‘developing states’ – primarily nations in the global South – should have their debt written off, according to an economic report commissioned by the Vatican. The Jubilee Report also recommends the restructuring of the global economic system to enable countries experiencing emergencies to access commonly held assets interest- and policy condition-free to stabilise their economies at difficult…

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