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The Malagasy Economy

PortES : Digital Showcase for the Malagasy Economy

Madagascar launches its economic data portal On February 4, 2025, the Ministry of Economy and Finance (MEF), in partnership with the United Nations Development Programme (UNDP),

Strengthening the Island of Mauritius

Making Mauritius a Competitive Logistics Hub

Strategic logistics hub for the Indian Ocean Mauritius is strengthening its position as a key logistics center in the Indian Ocean. This was affirmed by Hambyrajen

Mauritius – UN : Strengthening Economic Cooperation

Establishing an economic transformation process Lisa Simrique Singh recently paid a courtesy visit to the Minister of Industry, SMEs, and Cooperatives at his office in Port

+5.0 % Growth Forecast for Madagascar in 2025

The Extractive Industry and Agriculture at the Heart of Recovery The Ministry of Economy and Finance has released its economic forecasts for 2025, projecting optimistic growth

People walk through a colorful market filled with fresh fruits and vegetables.

Estimated Inflation Rate for 2025 at 7.3 %

The IMF’s estimate for Madagascar in 2025 forecasts a gradual decrease in the annual inflation rate, expected at 7.3 %.

EU – Ministry of Industry : Promoting Economic Development

Supporting the private sector Roland Kobia, the European Union (EU) Ambassador, paid a courtesy visit to the Minister of Industrialization and Commerce, David Ralambofiringa. This visit

Comoros – United Nations : Annual Work Plan Approved

Budget for this plan is 34 Million USD The actions that UN agencies could undertake in 2025 are listed in a reference document. The program includes

Madagascar Industries Union : Fostering Sustainable Growth

Supporting local industries and opening up to FDI At the National Private Sector Conference, the Madagascar Industries Union (SIM), through its representative Hassim Amiraly, reiterated its

Importance of Geographical Indications for Economic Actors

Way to stand out in a saturated market Three priority sectors – Mauritius Unrefined Sugar, Mauritius Rum, and Rodrigues Lemon – were addressed during a summary

Import – Export : Trade Deficit Remains Significant

Influence on exchange rate fluctuations A trade balance deficit in favor of import value. The latest available data has not improved this crucial macroeconomic indicator. The

Inter-Island Connectivity Project in the Comoros

President to ratify the loan agreement with the Islamic Bank The bill supported by the National Assembly allows the President of the Union of the Comoros

Crisis in the Mining Industry : Ambatovy Considers All Options

Ambatovy’s debt restructuring plan The state of the Ambatovy mining company is not progressing much. Sumitomo Corporation, its main shareholder, states it is considering all possibilities