Indian Ocean Times - only positive news on indian ocean

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.


More from Indian Ocean Times :
< >

Monday, April 11th 2016 - 07:19 A new Prime Minister for Madagascar

Friday, March 4th 2016 - 05:00 The Antananarivo declaration