Cover IMF Staff Country Reports
Buy Book in Print
Haiti: Staff-Monitored Program-Press Release and Staff Report
Author:
International Monetary Fund. Western Hemisphere Dept.
Search for other papers by International Monetary Fund. Western Hemisphere Dept. in
Current site
Google Scholar Close
Series:
IMF Staff Country Reports
Volume/Issue:
Volume 2025: Issue 019
Language:
English
Publication Date:
24 Jan 2025
DOI:
https://doi.org/10.5089/9798400299070.002
ISBN:
9798400299070
ISSN:
1934-7685
Pages:
62
Keywords:
governance Diagnostic Report; SMP lapse; government priority; transparency policy; management of the International Monetary Fund; PROGRAM monitoring; SMP commitment; Credit; International reserves; Global
Download PDF (2.5 MB) Download Epub
This paper explores Haiti’s the Staff-Monitored Program (SMP). This new 12-month SMP is expected to contribute to strengthen macroeconomic stability to support well-being of people and to enhance economic resilience and governance. It will anchor the government’s macroeconomic priorities for the year ahead. IMF management also welcomes the authorities’ commitment to publish the forthcoming Governance Diagnostic Report. Haiti faces a multidimensional crisis, a political transition, with a challenging outlook. The top priority is to continue to restore security. This is a prerequisite for macroeconomic stability and for allowing growth to materialize. Despite domestic and global difficulties, the authorities are firmly committed to negotiating a new SMP and have managed to contain somewhat the impact of the various shocks, thereby averting even worse macroeconomic outcomes. Advancing governance reforms is paramount to help Haiti exit from fragility, ensure inclusive growth and build trust with the private sector and development partners. A government-led strategy to continue to strengthen the economy’s resilience to multiple shocks requires the financial support of the international community.
  • Collapse
  • Expand
Cover IMF Staff Country Reports
IMF Staff Country Reports
ISSN:
1934-7685
Publisher:
International Monetary Fund