IMF welcomes Madagascar reforms, says economy still struggling

By Lovasoa Rabary ANTANANARIVO (Reuters) - Madagascar has made state institutions more transparent and supported medium-term growth but the economy is struggling now due to weak commodity prices, bad weather and tax avoidance, the IMF said. The International Monetary Fund made the comments in a statement on Thursday at the end of its latest mission to Madagascar since it renewed cooperation in 2014. Political gains since then may now be under threat since lawmakers voted to impeach President Her