IMF Staff Country Reports

Haiti: Staff Report for the 1999 Article IV Consultation

Publication Date:

September 24, 1999

Electronic Access:

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Summary:

This 1999 Article IV Consultation highlights that progress on structural reforms in Haiti in FY1998/99 has been mixed. In the financial sector, the central bank’s supervisory capacity and the regulatory framework continued to be strengthened. Performance under the FY1997/98 Staff-Monitored Program (year ending in September) was satisfactory. As a result of firm policy implementation, inflation was reduced, the external current account deficit narrowed, and official net international reserves rose. Output growth picked up to about 3 percent. Credit policy was tighter than programmed, although the fiscal deficit was slightly higher than in the program.

Series:

Country Report No. 1999/105

Subject:

Banking Central banks Credit Education Health International reserves Macrostructural analysis Money Structural reforms

Notes:

Included with the Staff Report are the text of Public Information Notice No. 99/92--IMF Concludes Article IV Consultation with Haiti and a Statement by Murilo Portugal, Executive Director and Vishnu Dhanpaul, Assistant, on September 3, 1999.

Frequency:

Irregular