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  Monday, 28th july 2014  
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ECONOMICS

12/05/2014 | 14:53:48
By the end of April, the presidency' staff was still proceeding to turn the ruling state main policy's main lines out to be assessed by the parliament. In the end, it produced a French language report presenting but curious similarities with the World Bank's experts made recovery program published back in 2010 on international financial backers' bidding. Prime Minister Kolo Roger merely reprocessed their point for the parliament's deputies [See]

01/05/2014 | 15:50:00
Madagascar's peculiar social and economic situation is marked by very low unemployment rates, lower than 2% in rural areas contrasting with a widespread shortage of activity. Of the whole population, merely the 600 000 private sector's workers and legal members of the National Social Security System and the States' 180 000 civil servants had anything to do with the Labor Day. The formal sector represents 5% of the active population, although the population happens to be active from 5, as a matter of fact 5, to 64 years old. Full time employment is a full component of the major development goals together with the alleviation of extreme poverty, as much as a significant challenge for young wolves on the job market. [See]

27/04/2014 | 15:02:55
Nosy Be is generally not used to low seasons all over the year. But with its 10% low booking rate, inn keepers and hotels reach an unprecedented record low. Tour operators and those of their kind appear apprehensive, regarding the French foreign office's led categorization of the tourism oriented island of the north of Madagascar as "orange", do understand a potentially risky destination. Considering that such an assessment clearly scares tourists and tour operators off and significantly undermines the sector of tourism, they keep straining to give evidence of how much positively the situation has been evolving ever since, and that past security issues are now history on the island. [See]

04/04/2014 | 16:05:10
The Great Isle was granted the honor of turning in to the Exhibition of New Trail Tours which developed in Paris from March 24th to March 28th 2014. The National Tourism Office of Madagascar got the opportunity to make a first hand assessement of the damages generated by the political instability in the country. In spite of significant developments following the elections, misconceptions keep on damaging the destination's reputation. The trail tour product was presented in a speech equally expected to comfort the audience concerning political and security issues. [See]

01/04/2014 | 12:06:01
The FAO is adamant that aircrafts happen to be more than paramount into the struggle against locust invasions in Madagascar. The latest recorded briefing reveals that a large part of Madagascar western territories have been lost to migrating locusts. [See]

21/03/2014 | 10:08:33
Malagasy tax payers do not fancy the tax collection department's latest round. Many tax examination tours have been tackled over the latest days at several levels. Tax collectors sometimes happened to be escorted by armed security forces when doing their office, not to everyone's liking at all. [See]

15/03/2014 | 20:05:51
The National Statistics Institute is launching a survey to take place between April and August 2014 in order to make a clear idea of Malagasy households' lifestyles according to various standards which could be of interest to international donors and leaders. Just like the topics, the action's method is new in the country. The interviews will be conducted through family mobile phones. [See]

11/03/2014 | 08:27:12
According to the Rice Production Monitoring Department, Madagascar has imported some 400 000 tons of white rice to supply the local market all along the year 2013. Considering that the country used to need merely 200 000 tons a year at most, an all times best has been reached. [See]

27/02/2014 | 15:01:40
The local varieties of wines are still struggling to find their place in the Malagasy taste, and dethrone the country 's historic affordable beer and rum. Though challenged on the market by wines imported from South Africa, the Lazan'i Betsileo vintages Clos Malaza , Soavita or Maromby truly deserves more than a status of a takeaway tourist attraction, namely an entry in Madagascar's cooking. [See]

26/02/2014 | 08:55:32
The National Institute of Statistics and foreign financial backers do not produce the same valuation of poverty rate in Madagascar. According to the INSTAT , 76.5% of Malagasy live below the poverty line now , whereas the World Bank estimates that about 92% of the population does live below the poverty line in the country, more especially due to recent years of political crisis and its social and economic fallouts. [See]

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