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Madagascar - Joint World Bank-IMF Debt Sustainability Analysis (anglais)

Madagascar, classified as having medium debt carrying capacity, is still assessed at moderate risk of external debt distress and moderate risk of overall (external plus domestic) debt distress, unchanged from the assessment of the last DSA in February 2023. Under the baseline, no external public and publicly guaranteed (PPG) debt ratios breach their thresholds and only a shock to exports pushes Madagascar’s present value of external-debt-to-export...
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