Madagascar Faces Frozen Budget Aid

The European Union, International Monetary Fund, World Bank, African Development Bank, and the French and German governments halted their budgetary support for Madagascar, according to

. Mismanagement of public finances reportedly prompted the decision.

About the author

  • Devex Editor

    Thanks a lot for your interest in Devex News. To share news and views, story ideas and press releases, please email We look forward to hearing from you.