Navigating the Structural Fragility of Madagascar’s Energy Sector Amidst Global Volatility
The recent declaration of a 15-day nationwide state of energy emergency in Madagascar serves as a stark reminder of how geopolitical shocks can paralyze an economy with high import dependency. By suspending the automatic fuel pricing mechanism—a critical benchmark typically required for International Monetary Fund (IMF) fiscal support—the government is attempting to buffer its population […]