## Haiti: Second Review Under the Staff-Monitored Program-Press Release; and Staff Report

_IMF Staff Country Reports, June 26, 2023_

## Source details

**Canonical URL:** [Haiti: Second Review Under the Staff-Monitored Program-Press Release; and Staff Report](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)

## Other formats

- [Markdown version](/en/publications/cr/issues/2023/06/26/haiti-second-review-under-the-staff-monitored-program-press-release-and-staff-report-535324/index.md)
- [Structured JSON version](/en/publications/cr/issues/2023/06/26/haiti-second-review-under-the-staff-monitored-program-press-release-and-staff-report-535324/index.json)
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## Bibliographic details
- Published: June 26, 2023
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9798400246142.002

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### Overview and Program Purpose
- Presents Haiti’s Second Review under the Staff-Monitored Program (SMP).
- SMP objectives:
  - Restore macroeconomic stability.
  - Strengthen governance and fiscal transparency.
  - Advance governance reforms to enhance accountability through public finance management, revenue administration, data provision, and anti-corruption measures.
- Program design explicitly takes into account Haiti’s fragility and capacity constraints.

### Key Findings and Progress
- 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:
  - Stronger public finance management.
  - Strengthened revenue administration.
  - Improved data provision.
  - Anti-corruption measures.
- 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.

### Remaining Risks and Implementation Challenges
- 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.

### Policy Implications and Next Steps
- The Haitian authorities have expressed interest in another SMP.
- Another SMP should help:
  - Maintain macroeconomic stability.
  - Lock in and sustain recent approved reforms.
  - Further enhance economic resilience and governance.

### Subject Tags and Keywords (as provided)
- 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

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## Content in this bundle

- **1htiea2023003**
  - [1htiea2023003 (Markdown version)](/-/media/files/publications/cr/2023/english/1htiea2023003.pdf.md){rel="alternate" type="text/markdown"}
  - [1htiea2023003 (PDF)](/-/media/files/publications/cr/2023/english/1htiea2023003.pdf){rel="external" type="application/pdf"}

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_Source: 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_