Madagascar
IMF delays $103m loan to Antananarivo for failing to make petrol price adjustments

Madagascar's president Andry Rajoelina at the World Government Summit in Dubai on 13 February 2024.
Madagascar's president Andry Rajoelina at the World Government Summit in Dubai on 13 February 2024. © Ryan Lim/AFP
The International Monetary Fund believes that Christian Ntsay's government has not met the commitments it promised, particularly with regard to setting up a mechanism to adjust prices at petrol pumps, and so could miss out on millions of dollars. [...]
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