1973-06-19

Decree No. 73-167 of June 19, 1973 Fixing the Capital Amount of the Central Bank of the Malagasy Republic (Official Gazette No. 918, June 23, 1973, p. 1678)

The Malagasy Republic issued Decree No. 73-167 on June 19, 1973, to fix the initial capital of its Central Bank at one billion Malagasy francs (FMG). The decree requires that this entire capital amount be fully subscribed by the State. Published in Official Gazette No. 918, this regulation formally establishes the bank's financial baseline and state ownership structure.

Madagascar

Banky Foiben'i Madagasikara

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DECREE NO. 73-167 OF JUNE 19, 1973 FIXING THE AMOUNT OF CAPITAL OF THE CENTRAL BANK OF THE MALAGASY REPUBLIC (OFFICIAL GAZETTE NO. 918 OF JUNE 23, 1973, P. 1678) Article 1 - The initial capital of the Central Bank of the Malagasy Republic is set at one billion Malagasy francs (FMG). Article 2 - It is fully subscribed by the State.