Madagascar Economic Update, April 2010 : Whats Going On?
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...
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| Format: | Report |
| Language: | English en_US |
| Published: |
Washington, DC
2017
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| Online Access: | http://documents.worldbank.org/curated/en/702841468271498616/Madagascar-economic-update-whats-going-on http://hdl.handle.net/10986/27778 |
| Summary: | 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 markets, especially
visible through the recent variations in the exchange and
interest rates. This uncertainty is exacerbated byt the lack
of consistency in policy decisions. |
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