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FINANCING – Madagascar and France Sign Nearly EUR 60 Million for Urban Development, Justice and Budgetary Aid

On Friday, Madagascar and France signed three financing agreements at the Ministry of Economy and Finance, totalling around EUR 60 million, involving the Lalankely IV urban development project, the Justice Support Project in Madagascar (Pajma) and budgetary aid to the Malagasy State. The Lalankely IV project receives EUR 31 million to finance urban development and sanitation projects in the capital. The Pajma has EUR 22 million to support the st…
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On Friday, Madagascar and France signed three financing agreements at the Ministry of Economy and Finance, totalling around EUR 60 million, involving the Lalankely IV urban development project, the Justice Support Project in Madagascar (Pajma) and budgetary aid to the Malagasy State. The Lalankely IV project receives EUR 31 million to finance urban development and sanitation projects in the capital. The Pajma has EUR 22 million to support the st…

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2424.mg - L'actualité quotidienne en temps réel broke the news on Friday, June 19, 2026.
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