The Malagasy government is forecasting an economic growth rate of 4.8% in 2026, with a gross domestic product (GDP) of around $22.7 billion.
The document, which outlines the main points of the 2026 draft finance bill (PLF) approved on Wednesday by the Council of Ministers, is part of the government’s general policy focused on building a resilient and inclusive economy.
The government’s priorities for 2026 are centered on five key areas:
agricultural transformation and food sovereignty,
energy transition and renewable energy,
infrastructure development (roads, ports, airports),
human development (education, health, drinking water, social protection),
and good governance through administrative and financial reforms.
For 2025, the government is already targeting 5% economic growth, mainly driven by the primary sector. Agriculture is expected to grow by 9.5% this year, thanks to improved production conditions and the development of strategic value chains.