Haiti: Seventh Review Under the Extended Credit Facility, Requests for Waiver of Nonobservance of Performance Criterion, and Modification of Performance Criteria-Staff Report; Press Release; and Statement by the Executive Director for Haiti
This Seventh Review Under the Extended Credit Facility of Haiti focuses on economic activity that continued to advance in FY2013, despite negative weather events early in the fiscal year. The fiscal deficit increased to 6.7 percent of GDP in FY2013 owing to a gasoline price freeze that dented revenues and on transfers to the electricity sector. The evolution of monetary aggregates reflected government policies and some dedollarization, while the banking system remained well capitalized and profitable. The macroeconomic outlook and the conditions for policy implementation are subject to a number of downside risks.
Year of publication: |
2014-04-29
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Institutions: | International Monetary Fund (IMF) ; International Monetary Fund |
Subject: | Extended Credit Facility | Economic conditions | Fiscal policy | Fiscal risk | Electric power | External debt | Monetary policy | Economic indicators | Performance criteria waivers | Performance criteria modifications | Staff Reports | Press releases | Haiti |
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