- Mr. 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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