Haiti: 2010 Article IV Consultation and Request for a Three-Year Arrangement Under the Extended Credit Facility: Staff Report; Staff Supplement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Haiti
IMF Staff Country Reports, August 11, 2010
Source details
- Canonical URL
- Haiti: 2010 Article IV Consultation and Request for a Three-Year Arrangement Under the Extended Credit Facility: Staff Report; Staff Supplement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Haiti
Other formats
Bibliographic details
- Published: August 11, 2010
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781455206810.002
Executive summary and context
- The January 2010 earthquake represented a major setback for Haiti, after several years of improved economic performance.
- Executive Directors commended the authorities for quickly restoring basic government functions and maintaining sound policies during the crisis.
- Directors welcomed the National Action Plan for Recovery and Development and the Partial Credit Guarantee scheme.
Major findings and priorities
- Directors stressed the need to strengthen:
- revenue administration,
- monetary framework,
- tax policy reforms.
- Directors agreed that Haiti met the eligibility and qualification criteria for debt stock relief under the Post-Catastrophe Debt Relief (PCDR) Trust Fund.
Subject coverage and keywords
- Subjects: Asset and liability management, Banking, Credit, Debt relief, Debt service, External debt, Money, Public debt
- Keywords: Caribbean, CR, Credit, Debt relief, Debt service, GDP deflator, government, IDA resource, IDB disbursement, IFC activity, Inter-American Development Bank, ISCR, pre-existing IDA investment project, scheme, support assistance, support disbursement, Western Hemisphere