Republic of Madagascar

[Please note this report is only available in French] The joint FAD/LEG/FIN/MCM governance Diagnostic (GD) report presents the macro-critical governance and corruption vulnerabilities in Madagascar around the following core pillars: (i) nature and severity of corruption; (ii) anti-corruption legal and institutional framework; (iii) rule of law; (iv) anti-money laundering and combating the financing of terrorism (AML/CFT) ; (v) tax policy; (vi) tax and customs administrations; (vii) public financial management (PFM); (viii) central bank governance and operations; and (ix) financial sector oversight. For each pillar, it provides an overview of the current situation, a detailed analysis of key issues requiring the authorities’ attention, and targeted recommendations with concrete actions for implementation. The report also identifies key reform measures, as contribution to the authorities’ roadmap on governance reforms, the State General Policy (Politique Générale de l’Etat) 2024, and the recently adopted National Strategy on Fight against Corruption (Stratégie Nationale de lute contre la corruption) 2025 -2030.