02/01/1999 The Indian Ocean Newsletter N°839

MADAGASCAR

TELMA'S STRANGE DEBT

State utility Telcom Malagasy (Telma), a joint venture of the Malagasy state and the French parastatal France Cable & Radio (a subsidiary of semi-public utility France Telecom ), continues to have to reimburse to the Malagasy state the debts which it contracted for telecommunications projects but which its international fund donors wiped off. (...)   [242 words]   [€5]
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