Haiti: First Review Under the Extended Credit Facility Arrangement-Staff Report; Staff Statement; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Haiti.
May 13, 2011
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The economy of Haiti is recovering despite the challenging international and domestic environments. The FY2011 budget appropriately supports the reconstruction objectives in a context of sustainable public financing. Monetary policy remains geared toward keeping inflation in the single digits. The structural reform agenda continues to focus on improving the business climate and promoting private sector-led growth. International assistance is critical to recovering from the 2010 earthquake in Haiti. Reconstruction is under way, albeit at a slower pace than envisaged. The humanitarian response from donors to the earthquake was quick and sizable.
Subject: Asset and liability management, Bank deposits, Commercial banks, Credit, Debt relief, Financial institutions, Loans, Money, Public debt
Keywords: audit report, Commercial banks, CR, Credit, Debt relief, ECF arrangement, final result, Global, Haiti's ECF arrangement, inauguration ceremony, ISCR, Loans, net international reserves, preliminary result, term reconstruction plan
Pages:
56
Volume:
2011
DOI:
Issue:
106
Series:
Country Report No. 2011/106
Stock No:
1HTIEA2011001
ISBN:
9781455286607
ISSN:
1934-7685
