Haiti: Fourth Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility, and Request for Waiver of Performance Criterion and Augmentation of Access: Staff Report; Staff Supplement; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Haiti
March 2, 2009
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The staff report for Haiti’s Fourth Review under the Three-Year Arrangement, and request for Waiver of Performance Criterion and Augmentation of Access is examined. The financial system, which has not been significantly affected by the financial crisis, remains sound. External credit lines are small and mostly trade related. Indicators of banking sector soundness remained broadly satisfactory with increased net profits and declining nonperforming loans, although the financial position of two small banks had weakened further.
Subject: Banking, Commercial banks, Credit, External debt, Financial institutions, Money, Poverty, Poverty reduction strategy, Public debt
Keywords: Commercial banks, CR, Credit, debt situation, Executive Board discussion, financing, financing of the PRSP, Global, government, ISCR, Poverty reduction strategy, PRGF, PRGF arrangement, PRGF loan, PRGF program, real GDP
Pages:
82
Volume:
2009
DOI:
Issue:
077
Series:
Country Report No. 2009/077
Stock No:
1HTIEA2009001
ISBN:
9781451817751
ISSN:
1934-7685
