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Madagascar: World Bank unblocks 14 million dollars to revive the Malagasy economy by relying on the private sector




The World Bank has recently allocated 14 million dollars to support the private sector in Madagascar and revitalize the economy in the Island.
 
11 million euros will thus be directly be used to finance technical assistance and strengthen public-private partnership in the heart of the Malagasy territory.
 
As a reminder, according to the latest figures published in late January 2015, the body of the Economic Development Board of Madagascar (EDBM), 1,034 enterprises were registered during the year 2014 in Madagascar against 945 who had emerged the previous year.



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