Madagascar: EITI lifts suspension


Issue 279 - 17 Jun 2014 | 1 minute read

The board of the Extractive Industries Transparency Initiative (EITI) agreed on 6 June to lift the suspension of Madagascar and reinstate its status as a candidate country. The suspension has been in effect since 25 October 2011 following a coup d’état in January 2009. Elections were held in December 2013, and President Hery Rajaonarimampianina took office on 25 January 2014, forming a new government in April. The African Union, the European Union and the International Monetary Fund have all resumed cooperation with Madagascar.

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