Mr. Hery Rajaonarimampianina: New President of Madagascar

Screenshot_5Mr. Hery Rajaonarimampianina (55) has been declared as the President of Madagascar to restore democracy on the island nation in the following elections. He was officially declared as the president of the country by the president of the special electoral court, Mr. Francois Rakotozafy.  Mr. Hery got 53.49 % votes during the run-off presidential election while Jean Louis Robinson had 46.51 %.

Mr. Hery is the 8th elected Malagasy president and 11th chief of state since Madagascar’s independence in 1960. He was the former Finance Minister of Madagascar. The World Bank in its report on Madagascar estimated that the political crisis of the country costs it around $8 billion in lost growth. In 2012, the economy of the country grew just by 3.1%, which made it to lag behind most African nations.

Note: The election is an attempt to restore normality to the country and to induce foreign investment and boost anemic growth.

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