The economic history of the Republic of Madagascar
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- IMF Approves Three-year US$103 Million PRFG
Loan
- International Monetary Fund, Press Release, 1 March
2001. The IMF approved a three-year loan for about US$103
million under the Poverty Reduction and Growth Facility
(PRGF) to foster macroeconomic stability, promote
accelerated growth, improve social services, and reduce
poverty. Madagascar satisfactorily completed its first
three-year PRGF program, which included comprehensive
privatization and government
reporm.