IMF Staff Country Reports

Haiti: Staff Monitored Program

July 23, 2004

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International Monetary Fund. "Haiti: Staff Monitored Program", IMF Staff Country Reports 2004, 216 (2004), accessed 12/10/2025, https://doi.org/10.5089/9781451955132.002

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Summary

This paper discusses the Staff-Monitored Program (SMP) for Haiti. The authorities have reached understandings with the IMF staff on a short-term SMP. The main objectives of the program are to preserve financial stability, support economic recovery, and establish a track record of policy implementation that could build a basis for a possible future request for the use of IMF resources. This program follows an earlier one-year SMP that was put in place in March 2003 and was expected to lead to a successor Poverty Reduction and Growth Facility arrangement in the second half of 2004.

Subject: Arrears, Banking, Central banks, Commercial banks, Economic sectors, External debt, Financial institutions, International reserves, Monetary base, Money, Public sector

Keywords: Arrears, BRH financing, Commercial banks, CR, financial support, financing, financing gap, government, government infrastructure, Haiti, International reserves, ISCR, Monetary base, outlay, Public sector, transition government