{
  "title": "Haiti: First Review Under the Staff-Monitored Program-Press Release; and Staff Report",
  "publication": "IMF Staff Country Reports, May 22, 2025",
  "sourceUrl": "https://www.imf.org/en/publications/cr/issues/2025/05/22/haiti-first-review-under-the-staff-monitored-program-press-release-and-staff-report-567142",
  "canonical": "https://www.imf.org/en/publications/cr/issues/2025/05/22/haiti-first-review-under-the-staff-monitored-program-press-release-and-staff-report-567142",
  "overlayPath": "/en/publications/cr/issues/2025/05/22/haiti-first-review-under-the-staff-monitored-program-press-release-and-staff-report-567142/index.md",
  "summary": "This paper highlights the First Review under the Staff-Monitored Program (SMP). The SMP takes into account Haiti’s fragility and capacity constraints, linked to security. Haiti faces a multidimensional crisis with a challenging outlook which is highly uncertain.",
  "sections": [
    {
      "heading": "Program purpose and context",
      "content": "- The First Review under the Staff-Monitored Program (SMP) is highlighted in this paper.\n- The SMP takes into account Haiti’s fragility and capacity constraints, linked to security.\n- The SMP is designed to support the authorities’ economic policy objectives and build a track record of reform implementation.\n- Fund management welcomes the authorities’ publication of the Governance Diagnostic Report.\n- In line with the Fund Strategy for Fragile and Conflict-Affected States, IMF staff will continue to coordinate closely with Haiti’s main development partners, particularly on governance and capacity development."
    },
    {
      "heading": "Current macroeconomic and shock environment",
      "content": "- Haiti faces a multidimensional crisis with a challenging outlook which is highly uncertain.\n- The country is affected by both global and country-specific shocks, which have worsened its fragility, since the negotiation of the SMP.\n- Without international financial assistance, Haiti will continue to suffer large import compression."
    },
    {
      "heading": "Policy implications and international support",
      "content": "- A government-led strategy to continue to strengthen the economy’s resilience to multiple shocks requires the financial support of the international community.\n- This assistance is indispensable to allow quality spending, over the short, medium, and long term.\n- IMF staff will coordinate closely with Haiti’s main development partners, particularly on governance and capacity development."
    },
    {
      "heading": "Subjects, keywords, and publication metadata (key statistics)",
      "content": "- Subject: Central banks, Expenditure, Foreign exchange, International reserves, Quasi-fiscal operations\n- Keywords: Caribbean, Central America, Food Shock Window spending priority, Global, governance Diagnostic Report, International reserves, Quasi-fiscal operations, SMP commitment, SMP objective, SMP staff report\n- Publication date: May 22, 2025\n- Pages: 67\n- Volume: 2025\n- Issue: 113\n- Series: Country Report No. 2025/113\n- DOI: https://doi.org/10.5089/9798229011914.002\n- Stock No: 1HTIEA2025002\n- ISBN: 9798229011914\n- ISSN: 1934-7685\n\nInternational Monetary Fund. Haiti: First Review Under the Staff-Monitored Program-Press Release; and Staff Report, May 22, 2025.\n\n---\n\n Content in this bundle\n\n- 1htiea2025002-print-pdf\n  - 1htiea2025002-print-pdf (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - 1htiea2025002-print-pdf (PDF){rel=\"external\" type=\"application/pdf\"}"
    }
  ],
  "bullets": [
    "[Markdown version](/en/publications/cr/issues/2025/05/22/haiti-first-review-under-the-staff-monitored-program-press-release-and-staff-report-567142/index.md)",
    "[Structured JSON version](/en/publications/cr/issues/2025/05/22/haiti-first-review-under-the-staff-monitored-program-press-release-and-staff-report-567142/index.json)",
    "[Bundle manifest](/en/publications/cr/issues/2025/05/22/haiti-first-review-under-the-staff-monitored-program-press-release-and-staff-report-567142/bundle-manifest.json)",
    "Published: May 22, 2025",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9798229011914.002",
    "The First Review under the Staff-Monitored Program (SMP) is highlighted in this paper.",
    "The SMP takes into account Haiti’s fragility and capacity constraints, linked to security.",
    "The SMP is designed to support the authorities’ economic policy objectives and build a track record of reform implementation.",
    "Fund management welcomes the authorities’ publication of the Governance Diagnostic Report.",
    "In line with the Fund Strategy for Fragile and Conflict-Affected States, IMF staff will continue to coordinate closely with Haiti’s main development partners, particularly on governance and capacity development.",
    "Haiti faces a multidimensional crisis with a challenging outlook which is highly uncertain.",
    "The country is affected by both global and country-specific shocks, which have worsened its fragility, since the negotiation of the SMP.",
    "Without international financial assistance, Haiti will continue to suffer large import compression.",
    "A government-led strategy to continue to strengthen the economy’s resilience to multiple shocks requires the financial support of the international community.",
    "This assistance is indispensable to allow quality spending, over the short, medium, and long term.",
    "IMF staff will coordinate closely with Haiti’s main development partners, particularly on governance and capacity development.",
    "Subject: Central banks, Expenditure, Foreign exchange, International reserves, Quasi-fiscal operations",
    "Keywords: Caribbean, Central America, Food Shock Window spending priority, Global, governance Diagnostic Report, International reserves, Quasi-fiscal operations, SMP commitment, SMP objective, SMP staff report",
    "Publication date: May 22, 2025",
    "Pages: 67",
    "Volume: 2025",
    "Issue: 113",
    "Series: Country Report No. 2025/113",
    "DOI: https://doi.org/10.5089/9798229011914.002",
    "Stock No: 1HTIEA2025002",
    "ISBN: 9798229011914",
    "ISSN: 1934-7685",
    "**1htiea2025002-print-pdf**"
  ],
  "related": [
    {
      "title": "1htiea2025002-print-pdf",
      "role": "document",
      "sourceUrl": "https://www.imf.org/-/media/files/publications/cr/2025/english/1htiea2025002-print-pdf.pdf",
      "summary": {
        "path": "/-/media/files/publications/cr/2025/english/1htiea2025002-print-pdf.pdf.md",
        "mime": "text/markdown"
      },
      "binary": {
        "path": "/-/media/files/publications/cr/2025/english/1htiea2025002-print-pdf.pdf",
        "mime": "application/pdf"
      }
    }
  ],
  "alternates": {
    "markdown": "/en/publications/cr/issues/2025/05/22/haiti-first-review-under-the-staff-monitored-program-press-release-and-staff-report-567142/index.md",
    "json": "/en/publications/cr/issues/2025/05/22/haiti-first-review-under-the-staff-monitored-program-press-release-and-staff-report-567142/index.json",
    "bundleManifest": "/en/publications/cr/issues/2025/05/22/haiti-first-review-under-the-staff-monitored-program-press-release-and-staff-report-567142/bundle-manifest.json"
  },
  "generatedAtUtc": "2026-09-11T07:55:50.378Z"
}