01872cas a2200253 a 4500 AALejournalIMF021739 230101c9999 xx r poo 0 0eng d 5.00 USD 9781513576794 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. African Dept. Republic of Madagascar : Request for a 40-Month Arrangement under the Extended Credit Facility-Press Release; Staff Report; and Statement by the Executive Director for Republic of Madagascar. Washington, D.C. : International Monetary Fund, 2021. 1 online resource (129 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 The COVID-19 pandemic has hit Madagascar hard, reversing recent progress in per capita income and poverty reduction. GDP is estimated to have contracted by 4.2 percent in 2020. Two RCF disbursements approved on April 3 and July 30 (totaling 2.4 percent of GDP) helped close short-term financing gaps, supported mitigation measures, and contributed to catalyzing donor budget support. The authorities are seeking renewed Fund assistance to help the country face protracted balance of payment needs aggravated by the impact of the pandemic and support the authorities' reform agenda summarized in the Plan Emergence Madagascar (PEM). Mode of access: Internet Madagascar, Republic of imf IMF Staff Country Reports; Country Report ; No. 2021/075 Full text available on IMF http://elibrary.imf.org/view/journals/002/2021/075/002.2021.issue-075-en.xml IMF e-Library