Haiti: Seventh Review Under the Extended Credit Facility, Requests for Waiver of Nonobservance of Performance Criterion, and Modification of Performance Criteria

April 29, 2014

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Format: Chicago

Haiti: Seventh Review Under the Extended Credit Facility, Requests for Waiver of Nonobservance of Performance Criterion, and Modification of Performance Criteria, (USA: International Monetary Fund, 2014) accessed September 19, 2024

Summary

This Seventh Review Under the Extended Credit Facility of Haiti focuses on economic activity that continued to advance in FY2013, despite negative weather events early in the fiscal year. The fiscal deficit increased to 6.7 percent of GDP in FY2013 owing to a gasoline price freeze that dented revenues and on transfers to the electricity sector. The evolution of monetary aggregates reflected government policies and some dedollarization, while the banking system remained well capitalized and profitable. The macroeconomic outlook and the conditions for policy implementation are subject to a number of downside risks.

Subject: Credit, Expenditure, External debt, Money, Public debt, Public investment and public-private partnerships (PPP), Public investment spending

Keywords: Caribbean, CR, Credit, ECF arrangement, Equivalent, Financing constraint, Global, Government effectiveness, IMF's executive board Completes Seventh Review, ISCR, Larger-than-programmed investment spending, Public investment and public-private partnerships (PPP), Public investment spending, Reform measure

Publication Details

Pages:

83
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2014/105
Stock No:

1HTIEA2014001
ISBN:

9781475517989
ISSN:

1934-7685

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