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Republic of Madagascar
Request for Disbursement under the Rapid Credit Facility-Press Release and Staff Report; and Statement by the Executive Director for the Republic of Madagascar
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by
International Monetary Fund. African Dept.
Published
in IMF Staff Country Reports
by International Monetary Fund (IMF).
2020 Volume 20, Issue 100
Abstract
The Covid-19 pandemic is having a severe impact on Madagascar's economy. During the last two months, tourist arrivals have declined dramatically, and disruptions are beginning to materialize in mining and manufacturing exports, as well as international supply chains which are impacting trade and investment. The first Covid-19 cases were recently confirmed in the country. Even before this, the public health system faced many challenges, including coping with yearly outbreaks of the plague.
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