Fostering inclusive and resilient growth in Madagascar

In March 2024, the World Bank had a USD 4.1 billion portfolio in Madagascar. This includes 26 national projects and four regional operations. The infrastructure sector benefits the most, receiving USD 1.39 billion, or 34% of the funding.

According to the World Bank, this financing covers four main sectors: infrastructure, sustainable development, human development, and growth. In April 2023, the Country Partnership Framework (CPF) for Madagascar was approved for 2023-2027. This program outlines a strategy to promote inclusive and resilient growth in Madagascar.

The World Bank Group (WBG) members, including the World Bank, International Finance Corporation (IFC), and Multilateral Investment Guarantee Agency (MIGA), will implement this strategy. The five-year financing plan focuses on three key objectives: increasing employment opportunities through transformative initiatives, promoting inclusive growth by addressing public service gaps and disparities, and developing resilience to socio-economic shocks.