Haiti Resident Representative Site
Resident Representative Office in Haiti
This web page provides information in on the activities of the Office, views of the IMF staff, and the relations between Haiti and the IMF. Additional information can be found on Haiti and IMF country page, including official IMF reports and Executive Board documents in English and French that deal with Haiti.
News and Highlights
Mr. Dominique Strauss-Kahn, Managing Director of the International Monetary Fund (IMF), announced today that the Fund will provide US$100 million very rapidly in emergency financing to Haiti to assist it in dealing with the aftermath of the massive and devastating earthquake that has hit the country. “I have asked staff to look into all the possibilities and am pleased to announce that we are able to make US$100 million available very quickly.
IMF staff visiting Port-au-Prince, Haiti in November 2007 discussed the country's economic progress with a range of stakeholders. The IMF team was in Haiti to review progress under the Poverty Reduction and Growth Facility (PRGF) program.
Haiti and The IMF
Transcript of a Press Briefing by William Murray, Deputy Spokesperson, Communications Department, IMF
Transcript of a Press Briefing by Gerry Rice, Director, Communications Department, International Monetary Fund
Haiti: Eighth Review Under the Extended Credit Facility and Request for Waiver of Nonobservance of Performance Criterion-Staff Report; Press Release; and Statement by the Executive Director for Haiti
January 5, 2015
Series: Country Report No. 15/3
January 5, 2015
Series: Country Report No. 15/4
Press Release: IMF's Executive Board Completes Eight and Final Review under Haiti's ECF Arrangement and Approves US$2.4 Million Disbursement
Regional Economic Outlook: Western Hemisphere
Growth in Latin America and the Caribbean (LAC) has slowed down more than anticipated, as weak dynamics in South America have outweighed an incipient recovery in Mexico. Lower-than-expected external demand and softer terms of trade explain some of the weakness, but domestic supply-side bottlenecks and policy uncertainties have also weighed on confidence and private demand in several economies. Notwithstanding the projected pick-up in activity over the period ahead, growth is projected to be as low as 1.3 percent in 2014 and 2.2 percent in 2015. Spare capacity remains limited, however, underscoring the urgency of supply-side reforms to boost productivity and potential growth. Monetary policy and exchange rate flexibility should continue to serve as the first line of defense against adverse shocks, while a looser fiscal stance is unwarranted in most countries, especially those with weak public finances. Financial sector risks bear close monitoring, as the confluence of lower growth, rising U.S. interest rates, and geopolitical tensions could pose a considerable challenge.