World Bank · Debt

Madagascar: Disbursements, central bank, multilateral concessional

0current USD · 2025

Central bank multilateral loans include loans and credits from the World Bank, regional development banks, and other multilateral and intergovernmental agencies. Excluded are loans from funds administered by an international organization on behalf of a single donor government; these are classified as loans from governments. The central bank is the financial institution (or institutions) that exercises control over key aspects of the financial system. The monetary authority, normally the agency that issues currency and holds the country’s international reserves. Concessional debt is defined as loans with an original grant element of 35 percent or more. The grant element of a loan is the grant equivalent expressed as a percentage of the amount committed. It is used as a measure of the overall cost of borrowing. The grant equivalent of a loan is its commitment (present) value, less the discounted present value of its contractual debt service; conventionally, future service payments are discounted at 5 percent. Disbursements are drawings by the borrower on loan commitments during the year specified. Data are in current U.S. dollars. All creditors combined (IDS counterpart area: World); figures by creditor are not carried. Annual figures for Madagascar from 1984 to 2025.