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Madagascar leader pushes to unblock aid flow

18 March 2014, 08:34

New York - Madagascar's new president is meeting with International Monetary Fund and World Bank officials this week in a bid to unblock the flow of aid to his impoverished country.

Hery Rajaonarimampianina said he will meet on Tuesday in Washington with the top leaders of both lending institutions.

The December elections that brought Rajaonarimampianina to power raised hopes of ending international sanctions imposed on Madagascar after a 2009 coup. The loss of foreign aid increased hunger and hardship in the African country.

Rajaonarimampianina assured he was working to complete the formation of a new government and promote national reconciliation — both key steps for attracting foreign aid and investment. He acknowledged that the nomination of a new prime minister has been slow.

The president spoke at a news conference Monday after meeting with the UN Secretary General Ban Ki-moon.

- AP


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