The maximum amount of external borrowing that can be contracted by the Central Government is 12,759.0 billion. This is therefore the maximum amount that the State authorizes to borrow this year, outside Madagascar, notably from foreign countries or financial institutions such as the World Bank or the International Monetary Fund (IMF). This is provided for in the Draft Amending Finance Act (PLFR) 2026. The domestic debt ceiling amounts to 3,000 b…
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The maximum amount of external borrowing that can be contracted by the Central Government is 12,759.0 billion. This is therefore the maximum amount that the State authorizes to borrow this year, outside Madagascar, notably from foreign countries or financial institutions such as the World Bank or the International Monetary Fund (IMF). This is provided for in the Draft Amending Finance Act (PLFR) 2026. The domestic debt ceiling amounts to 3,000 b…