October 19, 2008

Stories from October 19, 2008

Bloggers fear impact of economic crisis on Madagascar

  October 19, 2008

As the economic crisis continue to worsen, both US presidential candidates, European leaders and heads of international organizations predict that international aid will have to be reduced. Developing countries like Madagascar which are still relying heavily on international aid fear that such reduction will severely hinder the progress made in social development and reduction of extreme poverty. So will the economic crisis affect Madagascar and how ?