Madagascar names Razafindravonona as finance minister
<p><a href=""><img src="" width="130" height="86" alt="Rajaonarimampianina arrives at an EU-Africa summit in Brussels" align="left" title="Rajaonarimampianina arrives at an EU-Africa summit in Brussels" border="0" /></a>Madagascar has named Jean Razafindravonona finance and budget minister, making him part of a 31-member cabinet crucial to ending a political crisis on the Indian Ocean island state. President Hery Rajaonarimampianina, who took office in January, has pledged to woo foreign investors and tourists back to Madagascar, which is famed for its exotic wildlife and also boasts nickel, cobalt, coal, iron ore and uranium deposits. Analysts said Razafindravonona has a good grasp of the management of public finances, earned during a long stint as the director of the budget office in the finance ministry. "The question is whether he will be able to put in place good financial governance and stable institutions which investors can have confidence in," said Hugues Rajaonson, an economist.</p><br clear="all"/>

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