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Building on progress achieved under the previous SMP which ended in May 2023, on June 29, 2023, Management approved a new Staff-Monitored Program (SMP) for a nine-month period spanning from June 30 through March 31, 2024
Persistent link: https://www.econbiz.de/10015058595
This paper presents Haiti's Staff-Monitored Program (SMP). Building on progress achieved under the previous SMP, which was satisfactorily concluded in May 2023, the new 9-month SMP should contribute to macroeconomic stability by helping Haiti sustain recent policy reforms designed to enhance...
Persistent link: https://www.econbiz.de/10015059118
This paper presents Haiti's Second Review under the Staff-Monitored Program (SMP). The SMP has helped the government restore macroeconomic stability and strengthen governance and fiscal transparency. The SMP has played an important role in advancing decisive governance reforms to enhance...
Persistent link: https://www.econbiz.de/10015059303
This paper discusses Haiti's Request for Disbursement under the Rapid Credit Facility (RCF). While Haiti's population was already suffering severe malnutrition and food insecurity before the war in Ukraine, especially its suffering has been compounded by the surge in food commodity prices. IMF...
Persistent link: https://www.econbiz.de/10015059702
This paper highlights Haiti's First Review under the Staff-Monitored Program (SMP). The SMP will help the government restore macroeconomic stability and lower inflation-a key goal given the burden of high inflation on the poor. The SMP seeks to advance decisive governance reforms to enhance...
Persistent link: https://www.econbiz.de/10015059761
This paper highlights Haiti's Staff-Monitored Program (SMP) and report proceedings. It is not feasible for Haiti to implement an upper credit tranche (UCT) IMF-supported program at this time due to the weakened policy frameworks and erosion in administrative capacity during the protracted...
Persistent link: https://www.econbiz.de/10015060290
Recent developments. Haiti is facing exceptionally challenging circumstances. The deteriorating security environment, which reached crisis proportions in the first few months of 2024, has continued to worsen, disrupting supply chains (particularly energy and basic services) and feeding...
Persistent link: https://www.econbiz.de/10015328088
Haiti is facing exceptional challenges. While security has deteriorated steadily since the last 2019 Article IV Consultation, it reached crisis proportions in the first few months of 2024. Gangs controlled 80 percent of the capital during March-May 2024, paralyzing economic activity by...
Persistent link: https://www.econbiz.de/10015328225
KEY ISSUES Program. A three-year arrangement under the Extended Credit Facility (ECF) in an amount of SDR 40.95 million (50 percent of the quota) was approved on July 21, 2010. The arrangement was extended for one year on August 2, 2013, with no augmentation of access. The program expires on...
Persistent link: https://www.econbiz.de/10014411226
In recent years, the IMF has released a growing number of reports and other documents covering economic and financial developments and trends in member countries. Each report, prepared by a staff team after discussions with government officials, is published at the option of the member country
Persistent link: https://www.econbiz.de/10014394868