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Economy / Madagascar

Madagascar

May 2005 | Risk Summary

The homes of two legal officials were the targets of grenade attacks in the coastal town of Toliara in February. The incidents were the latest in spate of at least 21 such attacks since June 2004. In November, property of the president and prime minister fell victim. The reasons behind the attacks are unclear, although the choices of targets suggest they may be politically motivated. The government's position remains fairly secure, as President Marc Ravalomanana still retains the support of a majority of the island's population. However, riots in 2004 as the price of rice soared by 200% are a

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