Madagascar's Minister for Finance and Budget Lantoniaina Rasoloelison speaks during an interview with Reuters in his office in the capital Antananarivo, October 24, 2013. REUTERS/Thomas Mukoya
ANTANANARIVO (Reuters) - The International Monetary Fund has restored ties with Madagascar for the first time since a coup on the Indian Ocean island in 2009, the government said on Thursday, making it the first donor to do so since a peaceful election late last year.
The election of President Hery Rajaonarimampianina marked an important step towards ending a five-year political crisis that saw donors suspend funds, depriving the government of cash and stunting economic growth.
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