IMF Staff Country Reports

Haiti: Staff Monitored Program

Publication Date:

July 23, 2004

Electronic Access:

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Summary:

This paper discusses the Staff-Monitored Program (SMP) for Haiti. The authorities have reached understandings with the IMF staff on a short-term SMP. The main objectives of the program are to preserve financial stability, support economic recovery, and establish a track record of policy implementation that could build a basis for a possible future request for the use of IMF resources. This program follows an earlier one-year SMP that was put in place in March 2003 and was expected to lead to a successor Poverty Reduction and Growth Facility arrangement in the second half of 2004.

Series:

Country Report No. 2004/216

Subject:

Arrears Banking Central banks Commercial banks Economic sectors External debt Financial institutions International reserves Monetary base Money Public sector