Finance
Madagascar army colonel says military has taken charge of nation
Published by Global Banking & Finance Review®
Posted on October 14, 2025
1 min readLast updated: January 21, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on October 14, 2025
1 min readLast updated: January 21, 2026
Madagascar's military has taken control after President Rajoelina fled. Colonel Randrianirina announced the dissolution of institutions except the lower house.
ANTANANARIVO (Reuters) -A Madagascar army colonel, who led a mutiny of soldiers that joined anti-government Gen Z protesters, said on Tuesday that the military had taken charge of the African island nation, after President Andry Rajoelina fled the country.
"We have taken the power," Colonel Michael Randrianirina said on national radio, adding that the military was dissolving all institutions except the lower house of parliament, which voted to impeach Rajoelina just minutes before his announcement.
(Reporting by Lovasoa Rabary; writing by Ammu Kannampilly, Editing by William Maclean)
A central bank is a national institution that manages a country's currency, money supply, and interest rates, overseeing the banking system and ensuring financial stability.
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Economic growth refers to the increase in the production of goods and services in an economy over a period, often measured by the rise in GDP.
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