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IMF Country Report No. 19/332

REPUBLIC OF MADAGASCAR

TECHNICAL ASSISTANCE REPORT—GOVERNMENT FINANCE STATISTICS MISSION

October 2019

This Technical Assistance Report paper on the Republic of Madagascar was prepared by a staff team of the International Monetary Fund. It is based on the information available at the time it was completed in July 2019.

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© 2019 International Monetary Fund

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REPUBLIC OF MADAGASCAR

REPORT ON THE GOVERNMENT FINANCE STATISTICS MISSION (MARCH 4 TO 15, 2019)

July 2019

Prepared by Vincent Marie

The contents of this report constitute technical advice provided by the staff of the International Monetary Fund (IMF) to the authorities of Madagascar (the “TA recipient”) in response to their request for technical assistance (TA). This report (in whole or in part) or summaries thereof may be disclosed by the IMF to IMF Executive Directors and members of their staff, as well as to other agencies or instrumentalities of the TA recipient, and upon their request, to World Bank staff and other technical assistance providers and donors with legitimate interest, unless the TA recipient specifically objects to such disclosure (see Operational Guidelines for the Dissemination of Technical Assistance Information). Publication or disclosure of this report (in whole or in part) or summaries thereof to parties outside the IMF other than agencies or instrumentalities of the TA recipient, World Bank staff, other technical assistance providers, and donors with legitimate interest shall require the explicit consent of the TA recipient and of the IMF’s Statistics Department.

Contents

  • Glossary

  • SUMMARY OF MISSION OUTCOMES AND PRIORITY RECOMMENDATIONS

  • DETAILED TECHNICAL ASSESSMENT AND RECOMMENDATIONS

  • A. Introduction

  • B. Mission Work

  • C. National Social Security Fund

  • D. Extrabudgetary Entities (EPAs) and Decentralized Subnational Governments (CTDs)

  • E. Other Net Treasury Operations

  • F. Prospects and Other Recommendations

  • G. Balance Sheet

  • H. Next Mission

  • I. Officials Met During the Mission

  • TABLE

  • 1. Priority Recommendations

  • APPENDICES

  • I. Treatment of Other Net Treasury Operations

  • II. Excel Files Prepared by the Mission as an Integral Part of the Report

  • III. Strategic Plan to Modernize Government Finances

Glossary

AONT

Other Net Treasury Operations

CNaPS

National Social Security Fund

DCP

Government Accounting Directorate

DE

Research Directorate of the Directorate General of the Treasury

DFID

Department for International Development

DGT

Directorate General of the Treasury

IMF

International Monetary Fund

GFSY

Government Finance Statistics Yearbook

GFSM

Government Finance Statistics Manual

MFB

Ministry of Finance and Budget

OGT

Comprehensive Treasury Operations; also refers to the Table of Comprehensive Treasury Operations

GFS

Government Finance Statistics

SGO

Statement of Government Operations

Republic of Madagascar: Technical Assistance Report—Government Finance Statistics Mission
Author: International Monetary Fund. Statistics Dept.