Bloomberg News

Madagascar Owes Building Companies $47.6 Million, l’Express Says

April 16, 2012

Madagascar’s arrears to the country’s building companies amounts to 100 billion ariary ($48 million), Antananarivo-based l’Express de Madagascar reported on its website, without saying where it got the information.

To contact the reporter on this story: Kamlesh Bhuckory in Port Louis at

To contact the editor responsible for this story: Antony Sguazzin at

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