Economic policy: the HAT rising up against oppression?

Andry Rajoelina himself, the dictating authorities’ leader, himself would have asked the members of the High Council of Transition for proposals to re launch the economic machine. Since this political institution is having as much financial and economic expertise as executive power, it came to put a technical committee in place meant to turn out ideas. No transition in the Malagasy economic system but a radical change is focused on. But the mutation wanted by the HAT remains an utopia without three ingredients: a genuine national unity, a president, both recognized by the international community, and money.  

But the objective of such an economic U-turn is actually the removal of the international community’s pressure. The HAT can now nothing but blaming the previous regime’s loans used to shape up a social and economic development program. Frustration is obvious when it it comes to pay back now that foreign support from foreign financial backers is suspended. The Madagascar Action Plan concept is, thereupon, definitely buried by the country’s new masters and lords. The HAT is launching aspirations to a sovereign economy opened to the outside world and free from foreign political pressure.  

The dictating authorities are, somehow, trying to pressure Madagascar’s traditional partners their way. Even the famous Lt-Colonel René Lylson is daring the odds. The commander of the HAT KGB is “warning” the international community against any attempt to implement the African Union’s led sanctions: “if they ever cut their financial support, we should equally block their economic activities and their interests in Madagascar”. Politicians allied in the Rajoelina mobility are far less stupid in their statements, for been miles away from willing to jeopardize what is left of the foreign invests, namely the big scale mining projects. Such a radical measure would deter any investor on earth. The HAT would allegedly have ties with realistic partners from far less justice caring nations.  

These potential investors would allegedly be bound to work in Madagascar in accordance with the conditions offered by the Malagasy dictating authorities. The vital point within the HAT strategy is the compulsory financial contribution to the regime from raw materials exports. The same rule must be implied for wood as well as for ores. These so far mysterious operators’ cooperation is officially expected to contribute to a more rational exploitation of the country’s natural resources. In order to boost the Malagasy economic operators, the HAT can nothing else but resuming president Ravalomanana’s idea of putting a national development bank in place. The transitional regime’s advisors are trying to copy China’s pattern to find out, someday, a national strategy matching the country’s potential. This large scale economic reshuffle financially based on cash creation is now.. a theory. This HAT economic policy project is, for the time being, serving one single end: preparing the nation to the more than likely defection of financial backers and partners when the HAT made 4th Republic will…de facto comes true.