01942cas a2200241 a 4500 AALejournalIMF009865 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451825459 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Republic of Madagascar : Second and Third Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility and Request for Waiver and Modification of Performance Criteria-Staff Report; Staff Statement; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Republic of Madagascar. Washington, D.C. : International Monetary Fund, 2008. 1 online resource (86 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students There has been progress in strengthening public financial management; however, improving budget execution and strengthening public finances is required. The tax and custom administration reforms will help bolster private sector-led growth and meet the ambitious revenue target to finance priority expenditure. Monetary and exchange rate policy is required to reduce inflation while preventing an overshooting of the exchange rate. Further progress is needed to foster financial sector development. A more ambitious rehabilitation plan for the electricity sector needs to be designed and implemented with urgency. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2008/066 Full text available on IMF http://elibrary.imf.org/view/journals/002/2008/066/002.2008.issue-066-en.xml IMF e-Library