Haiti: Staff Report for the 1999 Article IV Consultation
September 24, 1999
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This 1999 Article IV Consultation highlights that progress on structural reforms in Haiti in FY1998/99 has been mixed. In the financial sector, the central bank’s supervisory capacity and the regulatory framework continued to be strengthened. Performance under the FY1997/98 Staff-Monitored Program (year ending in September) was satisfactory. As a result of firm policy implementation, inflation was reduced, the external current account deficit narrowed, and official net international reserves rose. Output growth picked up to about 3 percent. Credit policy was tighter than programmed, although the fiscal deficit was slightly higher than in the program.
Subject: Banking, Central banks, Credit, Education, Health, International reserves, Macrostructural analysis, Money, Structural reforms
Keywords: Caribbean, central government deficit, CR, Credit, deficit, fund hold follow-up discussion, fund-sponsored expert, International reserves, ISCR, North America, salary scale, staff appraisal, Structural reforms, wage base, Western Hemisphere
Pages:
48
Volume:
1999
DOI:
Issue:
105
Series:
Country Report No. 1999/105
Stock No:
1HTIEA0011999
ISBN:
9781451817539
ISSN:
1934-7685
Notes
Included with the Staff Report are the text of Public Information Notice No. 99/92--IMF Concludes Article IV Consultation with Haiti and a Statement by Murilo Portugal, Executive Director and Vishnu Dhanpaul, Assistant, on September 3, 1999.
