IMF Country Reports cover economic and financial developments and trends in member countries. Each report, prepared by a staff team after discussions with officials of the country, is published at the option of the member.
Haiti's economic performance deteriorated as a result of continuing political crisis. The ongoing political crisis has impeded the implementation of a comprehensive, donor-backed effort to remove Haiti's serious structural impediments. The economic program seeks to help the government reestablish macroeconomic stability during the political transition, alleviate pressure on the exchange rate, and restore inflation to a downward path. Credit policy should continue to be restrained through open market operations. The IMF staff commends the measures taken to improve the supervision and health of the banking system.