Amidst the uncertainty of the political crisis and the chaotic return to a democratic government, the downward economic trends depicted by the last economic update persisted during September. The Government continued to cut public spending, driven by lower revenues and limited external financing, and the private sector activities remained slow as evidenced by lower energy consumption. The combination of pressures on public finances (net credit up...
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INFORMATION
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2009/10/20
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Document de travail
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64330
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1
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1
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2011/08/30
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Disclosed
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Madagascar economic update : growing down
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net credit
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