High5 BAD: Mad Mada by Hotel Priorities ★★★ Coco Lodge restaurant.
Madagascar will be among countries favored by the AfDB, If we refer to the concordance of 5 priorities of the institution with the national development investments of the big island, presented in Iavoloha in late March 2016.
Transform Africa ! That is the challenge set by the Group of the African Development Bank for the next ten years, based on the strategic vision presented by its president Akinwumi Adesina, at the annual meetings, at Lusaka Zambia.
Indeed, the famous High-5 or the five key priorities of this institution, will certainly transform Africa, with the efforts and funds within this framework. These priorities include agriculture, on which the Malagasy Government put a lot, According to the Minister of finance and Budget, currently head of the Malagasy delegation to Lusaka, Gervais Rakotoarimanana. "As Madagascar is an agricultural country.", "we must take advantage of this cooperation with the ADB for funding in order to boost our economy.", He said. Energy is also in the High-5 and even the main theme of the annual meetings 2016. "We know that no development can be done without energy and cannot create jobs in the dark.. Only 15% the Malagasy people have access to electricity. This rate must be improved. Certainly, the resolution of the problem of energy is essential in the process of development of the country. This we will also preserve the environment by reducing the use of charcoal and of the firewood", has noted the head of the Malagasy delegation.
Reforms.
Industrialization is the third priority of sectors funded by the AfDB. Note that the Malagasy State proceed today to improve its internal resources, with the formalization of informal activities. Despite these efforts, the rate of tax burden, around 10%, remains low compared to those of other countries. This does not even fund our priorities, If we cite only the services for the health, education and infrastructure, According to the Minister of finance and Budget. « 60% our recipes are still dedicated to operating expenses. To improve revenues, the State promotes support for SMEs, in order to have a vibrant private sector. There are also efforts for capacity-building and adaptation training-jobs, to strengthen human capital. Today, the Government is taking action to support local operators. We also want to attract foreign investors, but this concerns above all the major investments. In brief, reforms are being implemented, for the improvement of the business environment., He said.
Trade.
Regional integration is the fourth point of the High-5 of the AfDB. Indeed, the stake is high on international trade. "We must take advantage of our membership to regional organizations as contributions are paid.. The goal is mainly to export our products in these areas., noted members of the Malagasy delegation to Lusaka. Finally, the fifth priority is the improvement of the living conditions of households. Brief, all of these priorities are described in the National program of development of Madagascar, a coincidence which should facilitate access to financing from the Bank.
by Hôtel★★★ Restaurant gourmand Coco Lodge Majunga.
