07323oam 22015254 450 991078852270332120230721050814.01-4623-2615-31-4527-3530-11-280-89675-297866137380661-4519-9607-1(CKB)3360000000439018(EBL)1608467(SSID)ssj0000948607(PQKBManifestationID)11576951(PQKBTitleCode)TC0000948607(PQKBWorkID)10965748(PQKB)10893607(OCoLC)568151325(MiAaPQ)EBC1608467(IMF)1MDGEE2007001(IMF)1MDGEA2007001(EXLCZ)99336000000043901820020129d2007 uf 0engur|n|---|||||txtccrRepublic of Madagascar : First Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility and Request for Waiver and Modification of Performance CriteriaWashington, D.C. :International Monetary Fund,2007.1 online resource (84 p.)IMF Staff Country ReportsCover title."Prepared by a staff team of the International Monetary Fund as background documentation for the periodic consultation with this member country.""January 2007."1-4518-2541-2 Cover; Contents; Abbreviations and Acronyms; Executive Summary and Issues for Discussion; I. Recent Developments; Figures; 1. Percent Contribution to Real GDP Growth at Factor Cost; 2. Consumer Price Index, January 2003-September 2006; 3. Real and Nominal Effective Exchange Rate and Relative Prices, January 2003-September 2006; II. Program Performance and Outlook for 2006; III. Economic and Financial Policies for 2007; A. The Macroeconomic Outlook; 4. Inflation, Broad and Reserve Money, 2003-2006; B. Fiscal Policy and Reforms; Text Table; 1. Fiscal Indicators, 2006-07C. Monetary and Exchange Rate PolicyBox; 1. Progress in Public Financial Management; D. External Sector Policies; E. Public Enterprise Reform; IV. Program Monitoring and Targets; V. Risks; VI. Staff Appraisal; Tables; 1. Selected Economic and Financial Indicators, 2004-08; 2a. Government Financial Operations, 2004-08 (Billions of Ariary); 2b. Government Financial Operations, 2004-08 (Percent of GDP); 3. Quarterly Government Financial Operations, 2006; 4. Balance of Payments, 2004-08; 5. Monetary Survey, 2005-08; 6. Balance Sheet of the Central Bank (BCM), 2005-087. Bank Soundness Indicators, end-of-period, 2003-June 20068. Sources and Uses of Resources, 2004-08; 9. Millennium Development Goals; 10. Fund Position and Indicators of Fund Credit, 2006-10; Appendices; I. Attachment I: Letter of Intent; Attachment II: Memorandum of Economic and Financial Policies for 2006-07; Attachment III: Technical Memorandum on Monitoring the December 2006 and 2007 Targets for the Program Supported by the Arrangement Under the Poverty Reduction and Growth Facility (PRGF); II. Relations with the Fund; III. Relations with the World Bank; IV. Statistical IssuesThe staff report for the First Review Under the Three-Year Arrangement for the Republic of Madagascar reviews economic and financial policies. The 2007 economic program is designed to sustain growth, promote fiscal consolidation, and reduce poverty while keeping inflation to single digits and reducing the economy’s vulnerability to shocks. Central bank interventions will be limited to smoothing large variations in the exchange rate and meeting the program’s foreign reserve target. Planned spending reductions should offset any shortfall in revenues, which would allow the domestic financing target to be met.IMF Staff Country Reports; Country Report ;No. 2007/007Fiscal policyMadagascarMonetary policyMadagascarBalance of paymentsMadagascarBanks and BankingimfBudgetingimfExports and ImportsimfPublic FinanceimfSocial Services and WelfareimfTaxationimfNational Government Expenditures and Related Policies: GeneralimfTaxation, Subsidies, and Revenue: GeneralimfBanksimfDepository InstitutionsimfMicro Finance InstitutionsimfMortgagesimfNational BudgetimfBudget SystemsimfNational Budget, Deficit, and Debt: GeneralimfTrade PolicyimfInternational Trade OrganizationsimfFiscal PolicyimfPublic finance & taxationimfBudgeting & financial managementimfBankingimfMacroeconomicsimfSocial welfare & social servicesimfInternational economicsimfExpenditureimfRevenue administrationimfPublic financial management (PFM)imfBudget planning and preparationimfTariffsimfTaxesimfBudgetimfExpenditures, PublicimfRevenueimfFinance, PublicimfBanks and bankingimfTariffimfMadagascarEconomic conditionsMadagascarEconomic policyMadagascar, Republic ofimfFiscal policyMonetary policyBalance of paymentsBanks and BankingBudgetingExports and ImportsPublic FinanceSocial Services and WelfareTaxationNational Government Expenditures and Related Policies: GeneralTaxation, Subsidies, and Revenue: GeneralBanksDepository InstitutionsMicro Finance InstitutionsMortgagesNational BudgetBudget SystemsNational Budget, Deficit, and Debt: GeneralTrade PolicyInternational Trade OrganizationsFiscal PolicyPublic finance & taxationBudgeting & financial managementBankingMacroeconomicsSocial welfare & social servicesInternational economicsExpenditureRevenue administrationPublic financial management (PFM)Budget planning and preparationTariffsTaxesBudgetExpenditures, PublicRevenueFinance, PublicBanks and bankingTariffInternational Monetary Fund.African Dept.DcWaIMFBOOK9910788522703321Republic of Madagascar2620371UNINA