Madagascar parliament to review 2027 budget
The finance bill proposes 5.1% economic growth and targets energy, roads, agriculture, education, and health.
Madagascar's National Assembly will examine the 2027 finance bill, which outlines the government's economic recovery ambitions. The Ministry of Economy and Finance submitted the draft law on time, allowing deputies to review the economic and budgetary choices. This submission adheres to institutional procedures and prioritizes parliamentary debate.
The 2027 budget, prepared under the guidance of Minister Dr. Ramiarison Herinjatovo Aimé, aims for 5.1% economic growth, up from an estimated 4.1% in 2026. Key priorities include revitalizing the energy sector, particularly the Jirama company, improving road infrastructure, and supporting agriculture, education, and health. The budget also allocates funds for a constitutional referendum and presidential elections planned for 2027.
The government plans to strengthen fiscal discipline by increasing tax and customs revenue collection and combating fraud. Public spending will focus on investments expected to yield concrete economic and social returns. Regional budget conferences have helped identify territorial priorities for the decentralization agenda.
Why it mattersMadagascar's parliament will debate a budget aimed at economic recovery, with specific allocations for key sectors and upcoming elections.