Madagascar’s economy is on a recovery path, yet growth remains insufficient and uneven to significantly uplift living standards. In 2024, economic growth was recorded at 4.2 percent, with projections indicating a gradual increase to an average of 4.7 percent over 2025–2027. This growth is expected to be driven primarily by the textiles, mining, and services sectors, contingent upon the sustained implementation of structural reforms designed to enhance market competition and improve the investment climate.
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