Macroeconomic conditions remained generally stable at end-2014. The growth rate is estimated at 3 percent, driven by extractive industry and services sector. Inflation is contained at 6 percent on a year-on-year basis, although the country gradually returns to market prices of petroleum products. The tax-to-gross domestic product (GDP) ratio remains low (10.1 percent). Current expenditures continue to absorb a significant share of total spending (75...
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INFORMATION
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2015/01/01
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Document de travail
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94564
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1
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1
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2015/02/26
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Disclosed
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Madagascar - Evolution economique recente
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aggregate demand
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