Haiti: Staff-Monitored Program-Press Release and Staff Report
IMF Staff Country Reports, January 24, 2025
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- Haiti: Staff-Monitored Program-Press Release and Staff Report
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Bibliographic details
- Published: January 24, 2025
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9798400299070.002
Summary and purpose
- Explores Haiti’s Staff-Monitored Program (SMP).
- The SMP is a new 12-month program expected to:
- contribute to strengthen macroeconomic stability to support well-being of people;
- enhance economic resilience and governance;
- anchor the government’s macroeconomic priorities for the year ahead.
- IMF management welcomes the authorities’ commitment to publish the forthcoming Governance Diagnostic Report.
Macroeconomic context and findings
- Haiti faces a multidimensional crisis and a political transition, with a challenging outlook.
- Despite domestic and global difficulties, the authorities:
- are firmly committed to negotiating a new SMP;
- have managed to contain somewhat the impact of the various shocks, thereby averting even worse macroeconomic outcomes.
- Top priority identified:
- continue to restore security — described as a prerequisite for macroeconomic stability and for allowing growth to materialize.
Governance, reforms, and policy priorities
- Advancing governance reforms is paramount to:
- help Haiti exit from fragility;
- ensure inclusive growth;
- build trust with the private sector and development partners.
- A government-led strategy to continue to strengthen the economy’s resilience to multiple shocks requires the financial support of the international community.
Subject areas and keywords (as listed)
- Subjects: Anti-money laundering and combating the financing of terrorism (AML/CFT), Central banks, Credit, Crime, Expenditure, Foreign exchange, International reserves, Money, Public debt.
- Keywords: Anti-money laundering and combating the financing of terrorism (AML/CFT), country authorities, Credit, debt forgiveness, Global, governance Diagnostic Report, government priority, Imf staff, International reserves, management of the International Monetary Fund, PROGRAM monitoring, SMP commitment, SMP lapse, transparency policy.
Content in this bundle
- 1htiea2025001-print-pdf