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Madagascar economic update : unexpected but fragile stability in the economy (英语)

Politically as well as economically, an unexpected but fragile stability was observed in June 2009. Higher tax revenues helped finance some capital spending in the social sectors and in agriculture, but overall public spending remained significantly lower than its pre-crisis level. Major financial indicators including interest rates, inflation, and exchange rates were stable as the result of prudent fiscal and monetary policies. Looking forward, (i)...
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