Haiti: Staff Report for the 2005 Article IV Consultation and Review of the Program Supported by Emergency Post–Conflict Assistance
June 17, 2005
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This paper focuses on the 2005 Article IV Consultation and Review of the Program Supported by Emergency Post-Conflict Assistance for Haiti. Economic and social conditions in Haiti deteriorated significantly during the early 2000, as the continued political stalemate undermined external financial support and private investment, and structural reforms came to a halt. This resulted in economic stagnation, high inflation, and widespread unemployment. The political turmoil in early 2004 and the devastating floods in May and September compounded these difficulties and led to a contraction of real GDP by 3¾ percent in 2003/04.
Subject: Arrears, Bank deposits, Banking, Budget planning and preparation, Central banks, Commercial banks, External debt, Financial institutions, International reserves, Public financial management (PFM)
Keywords: Arrears, BRH, BRH board, BRH official, Budget planning and preparation, Caribbean, Commercial banks, communications company, CR, financing gap, fund assistance, fund TA, Global, government, International reserves, ISCR, policy, transition government, Western Hemisphere
Pages:
71
Volume:
2005
DOI:
Issue:
206
Series:
Country Report No. 2005/206
Stock No:
1HTIEA2005003
ISBN:
9781451817614
ISSN:
1934-7685
