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Madagascar - Industry and Trade Policy Adjustment and Public Sector Adjustment Credits Projects (Английский)

The Industry and Trade Policy Adjustment Credit (ITPAC) and Public Sector Adjustment Credit Projects in Madagascar was successfully implemented. The Bank played an important role in the implementation of the project. The exchange rate regime was reformed, import tariffs were reduced and rationalized and quantitative restrictions lifted, most controls on prices and profits were removed, and steps were taken to improve the public investment program...
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