{
  "title": "Press Release: Statement by the IMF mission chief for Haiti on the impact of higher food prices",
  "publication": "IMF News, April 25, 2008",
  "sourceUrl": "https://www.imf.org/en/news/articles/2015/09/14/01/49/pr0891",
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  "summary": "Press Release No. 08/91",
  "publishDate": "2008-04-25",
  "sections": [
    {
      "heading": "Visit and consultations",
      "content": "- Press Release No. 08/91\n- Date of publication: April 25, 2008\n- Mission chief: Mr. Andreas Bauer\n- Mission visit dates: April 22-24 (visited Port-au-Prince)\n- Meetings held with:\n  - President Réné Préval\n  - Minister of Economy and Finance Daniel Dorsainvil\n  - Central Bank Governor Charles Castel\n  - Minister of Planning and External Cooperation Jean-Max Bellerive\n  - Other representatives of the government and the donor community in Haiti"
    },
    {
      "heading": "Assessment of impact",
      "content": "- Haiti is described as a \"large net importer of food.\"\n- The mission chief stated: \"Haiti has been particularly affected by the sharp rise in international prices, which continues to impose enormous hardship on the country's population.\"\n- The shock has had a \"significant impact on domestic inflation\" and \"caused a widening of the trade deficit.\"\n- The IMF expressed being \"deeply concerned about the social impact of higher food prices.\""
    },
    {
      "heading": "IMF response, support, and policy stance",
      "content": "- The IMF is \"firmly committed to support efforts to ease this burden, while safeguarding economic stability and maintaining focus on continued economic and social progress in Haiti.\"\n- The IMF supports the government's response strategy that seeks to:\n  - provide immediate relief from higher food prices\n  - boost agricultural output\n- The IMF is \"working closely with donors and the authorities to review Haiti's need for increased financial assistance.\"\n- The IMF will \"adapt the macroeconomic framework of the PRGF-supported program to reflect the external shock.\""
    },
    {
      "heading": "Next steps and program actions",
      "content": "- \"An IMF mission team will travel shortly to Haiti to finalize this work and conduct the third review of the program.\"\n\nSource: Press Release No. 08/91, April 25, 2008, International Monetary Fund.\n\n---\n\n\n References\n\n- Haiti and the IMF\n- Press Releases\n- PRESS CENTER\n- https://www.imf.org/en/home\n\nSource: https://www.imf.org/en/news/articles/2015/09/14/01/49/pr0891"
    }
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    "Published: April 25, 2008",
    "Press Release No. 08/91",
    "Date of publication: April 25, 2008",
    "Mission chief: Mr. Andreas Bauer",
    "Mission visit dates: April 22-24 (visited Port-au-Prince)",
    "Meetings held with:",
    "Haiti is described as a \"large net importer of food.\"",
    "The mission chief stated: \"Haiti has been particularly affected by the sharp rise in international prices, which continues to impose enormous hardship on the country's population.\"",
    "The shock has had a \"significant impact on domestic inflation\" and \"caused a widening of the trade deficit.\"",
    "The IMF expressed being \"deeply concerned about the social impact of higher food prices.\"",
    "The IMF is \"firmly committed to support efforts to ease this burden, while safeguarding economic stability and maintaining focus on continued economic and social progress in Haiti.\"",
    "The IMF supports the government's response strategy that seeks to:",
    "The IMF is \"working closely with donors and the authorities to review Haiti's need for increased financial assistance.\"",
    "The IMF will \"adapt the macroeconomic framework of the PRGF-supported program to reflect the external shock.\"",
    "\"An IMF mission team will travel shortly to Haiti to finalize this work and conduct the third review of the program.\"",
    "[Haiti and the IMF](http://www.imf.org/external/country/HTI/index.htm)",
    "[Press Releases](https://www.imf.org/en/news/searchnews)",
    "[PRESS CENTER](http://presscenter.imf.org/)",
    "[https://www.imf.org/en/home](https://www.imf.org/en/home)"
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