Haiti: Second Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility and Request for Waiver of Nonobservance of Performance Criteria: Staff Report; Staff Statement on the Executive Board Discussion; and Statement
April 1, 2008
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The macroeconomic goals of the first program year were largely met, although growth accelerated somewhat less than expected. Objectives for the second program year (FY2008) are to create conditions for higher growth and consolidate stabilization gains achieved so far. Monetary policy will focus on quantity management, with a market-determined policy interest rate. The authorities plan to further strengthen their monetary policy framework. Macroeconomic policies contained in the program are consistent with the central objective to boost growth while maintaining economic stability.
Subject: Asset and liability management, Banking, Commercial banks, Credit, Debt relief, Expenditure, External debt, Money, Public debt
Keywords: base money growth, Caribbean, CR, Credit, Debt relief, Global, growth facility, IMF-World Bank Financial Sector Assessment, ISCR, request, request for waiver of nonobservance of performance criteria, Three-Year arrangement
Pages:
92
Volume:
2008
DOI:
Issue:
117
Series:
Country Report No. 2008/117
Stock No:
1HTIEA2008004
ISBN:
9781451817737
ISSN:
1934-7685
