{
  "title": "Haiti: Second Review Under the Staff-Monitored Program-Press Release; and Staff Report",
  "publication": "IMF Staff Country Reports, June 26, 2023",
  "sourceUrl": "https://www.imf.org/en/publications/cr/issues/2023/06/26/haiti-second-review-under-the-staff-monitored-program-press-release-and-staff-report-535324",
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  "summary": "This paper presents Haiti’s Second Review under the Staff-Monitored Program (SMP). The SMP has helped the government restore macroeconomic stability and strengthen governance and fiscal transparency.",
  "sections": [
    {
      "heading": "Overview and Program Purpose",
      "content": "- Presents Haiti’s Second Review under the Staff-Monitored Program (SMP).\n- SMP objectives:\n  - Restore macroeconomic stability.\n  - Strengthen governance and fiscal transparency.\n  - Advance governance reforms to enhance accountability through public finance management, revenue administration, data provision, and anti-corruption measures.\n- Program design explicitly takes into account Haiti’s fragility and capacity constraints."
    },
    {
      "heading": "Key Findings and Progress",
      "content": "- The SMP has helped the government restore macroeconomic stability and strengthen governance and fiscal transparency.\n- The SMP has played an important role in advancing decisive governance reforms to enhance accountability through:\n  - Stronger public finance management.\n  - Strengthened revenue administration.\n  - Improved data provision.\n  - Anti-corruption measures.\n- The program has helped the authorities build a record of accomplishment of policy implementation.\n- There has been significant progress on governance issues.\n- The authorities have taken measures to strengthen accountability in the use of public resources and have boosted the transparency of public procurement for emergency resources."
    },
    {
      "heading": "Remaining Risks and Implementation Challenges",
      "content": "- Corruption and broader financial integrity risks need to continue to be effectively addressed.\n- Fragility and capacity constraints remain relevant considerations for program design and implementation."
    },
    {
      "heading": "Policy Implications and Next Steps",
      "content": "- The Haitian authorities have expressed interest in another SMP.\n- Another SMP should help:\n  - Maintain macroeconomic stability.\n  - Lock in and sustain recent approved reforms.\n  - Further enhance economic resilience and governance."
    },
    {
      "heading": "Subject Tags and Keywords (as provided)",
      "content": "- Subjects: Budget planning and preparation, Energy subsidies, Expenditure, International organization, Monetary policy, Public debt, Public financial management (PFM), Revenue administration\n- Keywords: Budget planning and preparation, economic policy objective, Energy subsidies, food price inflation, Global, Haiti's Staff-Monitored Program, IMF's transparency policy, management of the International Monetary Fund, policy reform, SMP staff report\n\n---\n\n Content in this bundle\n\n- 1htiea2023003\n  - 1htiea2023003 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - 1htiea2023003 (PDF){rel=\"external\" type=\"application/pdf\"}"
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    "Published: June 26, 2023",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9798400246142.002",
    "Presents Haiti’s Second Review under the Staff-Monitored Program (SMP).",
    "SMP objectives:",
    "Program design explicitly takes into account Haiti’s fragility and capacity constraints.",
    "The SMP has helped the government restore macroeconomic stability and strengthen governance and fiscal transparency.",
    "The SMP has played an important role in advancing decisive governance reforms to enhance accountability through:",
    "The program has helped the authorities build a record of accomplishment of policy implementation.",
    "There has been significant progress on governance issues.",
    "The authorities have taken measures to strengthen accountability in the use of public resources and have boosted the transparency of public procurement for emergency resources.",
    "Corruption and broader financial integrity risks need to continue to be effectively addressed.",
    "Fragility and capacity constraints remain relevant considerations for program design and implementation.",
    "The Haitian authorities have expressed interest in another SMP.",
    "Another SMP should help:",
    "Subjects: Budget planning and preparation, Energy subsidies, Expenditure, International organization, Monetary policy, Public debt, Public financial management (PFM), Revenue administration",
    "Keywords: Budget planning and preparation, economic policy objective, Energy subsidies, food price inflation, Global, Haiti's Staff-Monitored Program, IMF's transparency policy, management of the International Monetary Fund, policy reform, SMP staff report",
    "**1htiea2023003**"
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