IMF Staff Country Reports

Haiti: Sixth Review Under the Extended Credit Facility Arrangement, and Request for Extension of the Arrangement and Rephasing of Disbursements

August 15, 2013

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Haiti: Sixth Review Under the Extended Credit Facility Arrangement, and Request for Extension of the Arrangement and Rephasing of Disbursements, (USA: International Monetary Fund, 2013) accessed November 21, 2024

Summary

This paper discusses Haiti’s Sixth Review Under the Extended Credit Facility Arrangement, and Request for Extension of the Arrangement and Rephasing of Disbursements. Growth continued to be modest, due largely to long-standing frail capacity, weather-related shocks, and structural weaknesses. Inflation remained in the mid-single digits and international reserves at about six months of imports. Fiscal performance during the first half of the year was weaker than budgeted, mostly on account of lower revenue collection. Program implementation is broadly satisfactory. The authorities met all end-March 2013 performance criteria, but missed two indicative targets.

Subject: Bank deposits, Capital spending, Commercial banks, Credit, Current spending, Expenditure, Financial institutions, Money, Public debt

Keywords: Capital spending, Commercial banks, CR, Credit, Current spending, Debt management, ECF arrangement, Equivalent, Exchange rate, Fiscal year, Global, IMF's executive board, ISCR, Reconstruction plan, SDR

Publication Details

  • Pages:

    54

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 2013/260

  • Stock No:

    1HTIEA2013003

  • ISBN:

    9781484345702

  • ISSN:

    1934-7685