## Haiti: Request for Disbursement Under the Rapid Credit Facility-Press Release; Staff Report; and Statement by the Executive Director for Haiti

_IMF Staff Country Reports, February 6, 2017_

## Source details

**Canonical URL:** [Haiti: Request for Disbursement Under the Rapid Credit Facility-Press Release; Staff Report; and Statement by the Executive Director for Haiti](https://www.imf.org/en/publications/cr/issues/2017/02/06/haiti-request-for-disbursement-under-the-rapid-credit-facility-press-release-staff-report-44627)

## Other formats

- [Markdown version](/en/publications/cr/issues/2017/02/06/haiti-request-for-disbursement-under-the-rapid-credit-facility-press-release-staff-report-44627/index.md)
- [Structured JSON version](/en/publications/cr/issues/2017/02/06/haiti-request-for-disbursement-under-the-rapid-credit-facility-press-release-staff-report-44627/index.json)
- [Bundle manifest](/en/publications/cr/issues/2017/02/06/haiti-request-for-disbursement-under-the-rapid-credit-facility-press-release-staff-report-44627/bundle-manifest.json)

## Bibliographic details
- Published: February 6, 2017
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781475575538.002

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### Overview
- The Haitian authorities request emergency financial assistance under the IMF’s Rapid Credit Facility (RCF) to address urgent balance of payments and fiscal needs associated with rehabilitation and reconstruction efforts.
- The authorities are also seeking grants and additional concessional financing from multilateral and bilateral donors to cover remaining financing needs stemming from emergency humanitarian and reconstruction efforts.
- The IMF assistance under the RCF is anticipated to play an important catalytic role in facilitating the provision of these resources to Haiti.

### Key Findings and Analysis
- Principal objective: address urgent balance of payments pressures and fiscal needs tied to rehabilitation and reconstruction.
- Complementary financing strategy: combination of IMF RCF disbursement plus grants and additional concessional financing from multilateral and bilateral donors.
- Expected catalytic effect: IMF RCF assistance is expected to help mobilize donor resources for emergency humanitarian and reconstruction financing.

### Policy Recommendations and Implications
- Use RCF disbursement to stabilize balance of payments and support immediate fiscal needs linked to reconstruction.
- Coordinate IMF support with multilateral and bilateral donors to secure grants and concessional financing that cover residual financing gaps.
- Emphasize the catalytic role of IMF assistance in attracting external donor financing for Haiti’s emergency needs.

### Thematic Keywords and Subjects
- Subject: Credit; Debt sustainability analysis; External debt; Money; Public and publicly-guaranteed external debt; Public debt
- Keywords: approval of the RCF; Caribbean; CR; Credit; currency depreciation; Debt sustainability analysis; deficit; financing; Global; Haiti in the wake; Haiti's request; ISCR; Public and publicly-guaranteed external debt; RCF disbursement; Western Hemisphere

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## Content in this bundle

- **Country Report**
  - [Country Report (Markdown version)](/-/media/files/publications/cr/2017/cr1738.pdf.md){rel="alternate" type="text/markdown"}
  - [Country Report (PDF)](/-/media/files/publications/cr/2017/cr1738.pdf){rel="external" type="application/pdf"}

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_Source: https://www.imf.org/en/publications/cr/issues/2017/02/06/haiti-request-for-disbursement-under-the-rapid-credit-facility-press-release-staff-report-44627_