PESA Editorial on Madagascar: 2H2024/25

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• Last Updated March 19, 2025

Madagascar’s economy has had a slow recovery from the most recent global economic shocks caused by the Russia-Ukraine conflict. Real GDP growth is projected to increase to 4.5% in 2024, from 3.8% in 2023 after reaching an annual average growth rate of 4.5% for 2021 to 2023. Economic growth has been largely affected or driven by trade, construction and services sectors... Read the full PESA Editorial here: https://politicaleconomy.org.za/2025/03/pesa-editorial-on-madagascar-2h2024-25/.