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Economy / Madagascar

Growth To Motor Ahead Over 2008-2012

September 2008 | Economic Analysis

BMI View: Mining and tourism should provide a boost to growth in Madagascar over the coming five years, with oil potentially contributing by 2012. We are forecasting annual real GDP growth of around 7.0% over 2008-2012, with key risk stemming from a possible increase in financing costs for foreign companies operating in the island state.

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