MADAGASCAR’S FOREIGN TRADE: A STRONG ARIARY UNDERMINES EXPORT COMPETITIVENESS AND THREATENS THE ENTIRE ECONOMIC CHAIN

At first glance, the appreciation of the national currency could be seen as a positive signal for Madagascar’s economy, reflecting a degree of macroeconomic stability. However, on the ground, economic operators are raising serious concerns: an overly strong ariary has become a major obstacle to the competitiveness of Malagasy products on international markets, putting key […]