Economic Outlook for Madagascar: Sustained Growth Needs to be More Inclusive to Benefit the Poorest
Increasing from 2.3% in 2013 to an estimated 4.2% in 2017, GDP growth has steadily improved and is projected to reach 5% in 2018. Since 2015, the most important driver of growth has been the services sector, which is characterized by a small but dynamic private sector. Year-on-year growth of the services sector was estimated at 5.2% in 2017, and is projected at 5.4% in 2018. One component of the services sector that is performing particularly well is trade, which increased by 4.1% in 2017 and is projected to grow by 4.5% in 2018. Approximately 80% of the population is engaged in agricultural activities. Between 2014 and 2017, the agricultural sector contracted by an average of 0.8%, suggesting that the positive benefits of recent economic growth is not being felt by the rural population ... Monetary policy should continue working to control inflation which is estimated at 6.4% in 2019 and is projected to average around 5.4 to 6.0% over the 2020 to 2022 period... Around 40% of the Malagasy population currently have access to a mobile phone
Dans Relief Web
The latest Integrated Food Security Phase Classification (IPC) estimates that the number of food insecure persons in 9 districts of the Grand Sud is over 954,000 of which approximately 290 000 in phase 4 corresponding to "humanitarian emergency". The figure of 954 000 people has to be put in perspective with the 2 million people living in these 9 districts. The whole area is in IPC phase 3 (acute food and livelihood crisis); the District of Beloha is in IPC4.
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