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WB grants a $100 million to Madagascar
[23/08/2025 05:17]
ANTANANARIVO-SABA
The World Bank (WB) has provided a grant of $100 million to Madagascar, aimed at improving the performance of the national electricity and water company 'JIRAMA', which is suffering from a severe financial crisis.

The government of Madagascar stated that a delegation from the WB visited Madagascar in late July to prepare the necessary reforms to strengthen the energy sector, where the technical and regulatory frameworks for implementing a results-based program were defined.


Korea's Travel Account Posts Surplus for 3rd Month in Row
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Korea large companies' exports rise 10 percent
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Japan's LNG imports down 1.4 percent
Public debt in Germany rises 2.1 percent

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