Republic of Madagascar : request for disbursement under the rapid credit facility ; staff report ; press release ; and statement by the executive director for the Republic of Madagascar.

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Bibliographic Details
Imprint:Washington, D.C. : International Monetary Fund, 2014.
©2014
Description:1 online resource (62 pages) : illustrations (some color), charts, graphs, tables
Language:English
Series:IMF Country Reports ; no. 14/181
IMF country report ; no. 14/181.
Subject:
Format: E-Resource Book
URL for this record:http://pi.lib.uchicago.edu/1001/cat/bib/12503302
Hidden Bibliographic Details
Other authors / contributors:International Monetary Fund, issuing body.
ISBN:1498347363
9781498347365
9781498333832
Notes:Online resource; title from PDF cover (ebrary, viewed August 14, 2014).
Summary:This paper focuses on Madagascarâ??s Request for Disbursement Under the Rapid Credit Facility (RCF). The Malagasy authorities managed to avert a macroeconomic crisis during a difficult period of political transition and economic uncertainty since 2009. However, these disruptions have constrained growth and fiscal revenue, leading to a sharp compression of public investment and social outlays. The authorities are requesting a disbursement under the RCF. They also see the RCF as a stepping stone for a possible future arrangement addressing Madagascarâ??s medium-term challenges and as a positive.
Other form:Print version: Republic of Madagascar : request for disbursement under the rapid credit facility; staff report; press release; and statement by the executive director for the Republic of Madagascar. Washington, District of Columbia : International Monetary Fund, ©2014 40 pages IMF Country Reports ; 14/181 9781498333832

MARC

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245 0 0 |a Republic of Madagascar :  |b request for disbursement under the rapid credit facility ; staff report ; press release ; and statement by the executive director for the Republic of Madagascar. 
264 1 |a Washington, D.C. :  |b International Monetary Fund,  |c 2014. 
264 4 |c ©2014 
300 |a 1 online resource (62 pages) :  |b illustrations (some color), charts, graphs, tables 
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490 1 |a IMF Country Reports ;  |v no. 14/181 
505 0 |a Cover; CONTENTS; BACKGROUND AND CONTEXT; ECONOMIC DEVELOPMENTS: 2009-13; POLICIES FOR 2014; A. Fiscal Policy and Reforms; FIGURES; 1. Fiscal Sector Developments; B. Monetary and Exchange Rate Policies; 2. External Sector Developments; 3. Monetary Developments, 2008-14; STRUCTURAL REFORMS; POLICIES, CAPACITY TO REPAY, AND RISKS; THE ROLE OF DEVELOPMENT PARTNERS; STAFF APPRAISAL; TABLES; 1. Selected Economic Indicators, 2008-15; 2. National Accounts, 2008-14; 3. Fiscal Operations of the Central Government, 2008-14; 4. Fiscal Operations of the Central Government, 2008-14. 
505 8 |a 5. Balance of Payments, 2008-186. Monetary Accounts, 2008-14; 7. Balance Sheet of the Central Bank, 2008-14; 8. Selected Financial Soundness Indicators 2009-13; 9. Indicators of Capacity to Repay the Fund, 2014-24; 10. Millennium Development Goals; APPENDIX; Letter of Intent; Attachment I. Memorandum of Economic and Financial Policies; Attachment II. Technical Memorandum of Understanding on Monitoring Indicative Targets. 
520 |a This paper focuses on Madagascarâ??s Request for Disbursement Under the Rapid Credit Facility (RCF). The Malagasy authorities managed to avert a macroeconomic crisis during a difficult period of political transition and economic uncertainty since 2009. However, these disruptions have constrained growth and fiscal revenue, leading to a sharp compression of public investment and social outlays. The authorities are requesting a disbursement under the RCF. They also see the RCF as a stepping stone for a possible future arrangement addressing Madagascarâ??s medium-term challenges and as a positive. 
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