The IMF Country Reports Series covers economic and financial developments and trends in member countries. Each report, prepared by a staff team after discussions with officials of the country, is published at the option of the member.
The report reviews the Joint Staff Assessment (JSA) on Madagascar's Poverty Reduction Strategy Paper (PRSP). The full PRSP is built on the interim poverty reduction strategy. The report evaluates both strengths and weaknesses of Madagascar's poverty reduction objectives and strategies, and considers whether the PRSP provides a sound basis for concessional assistance and for debt relief under the Enhanced Heavily Indebted Poor Countries (HIPC) Debt Initiative. The JSA considers Madagascar PRSP as a major accomplishment and provides a sound basis for IMF concessional assistance.