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Haiti - Economy : The country hopes more than 6 billion Gdes of budget support from the international
30/04/2018 09:41:17

Haiti - Economy : The country hopes more than 6 billion Gdes of budget support from the international

During the recent high-level mission of the Haitian Government in Washington https://www.icihaiti.com/en/news-24112-icihaiti-economy-high-level-delegation-in-washington-dc.html , in view of the preliminary results of the implementation of the Staff Monitored Program (SMP) concluded last February with the IMF https://www.haitilibre.com/en/news-23659-haiti-economy-moise-accepts-the-program-of-control-and-the-requirements-of-the-imf.html , Haiti's Development Partners mainly the World Bank (WB), the Inter-American Development Bank (IDB) and the International Monetary Fund (IMF) have agreed to accelerate the disbursement of budget support before the end of the fiscal year in progress (October 2018) https://www.haitilibre.com/en/news-24168-haiti-economy-for-financial-partners-haiti-is-on-the-right-track.html .

The Haitian delegation headed by Aviol Fleurant the Minister of Planning, accompanied by Jude Alix Patrick Salomon, the Minister of Economy and Finance, the Governor of the Central Bank, Jean Baden Dubois, composed of senior economists and experts in public finance, emphasized the importance of disbursements of budget support before the end of the fiscal year in order to continue, investment in infrastructure and productive sectors of the economy, to implement social programs, while preserving macroeconomic stability. Aid all the more important since the accumulated budget deficit reached nearly 9 billion Gdes as of March 28 (source BRH https://www.haitilibre.com/en/news-24181-haiti-economy-strong-increase-in-public-spending-compared-to-revenue.html )

It should be noted that the Haitian authorities in Washington have agreed with the major donors for budget support totaling ± 96 million US dollars (± 6.2 billion gourdes) before the end of the fiscal year 2017-2018 : 30 million from IDB, 30 million from the World Bank and 30 million from the European Union.

See also :

https://www.haitilibre.com/en/news-24181-haiti-economy-strong-increase-in-public-spending-compared-to-revenue.html

https://www.haitilibre.com/en/news-24168-haiti-economy-for-financial-partners-haiti-is-on-the-right-track.html

https://www.icihaiti.com/en/news-24112-icihaiti-economy-high-level-delegation-in-washington-dc.html

https://www.haitilibre.com/en/news-23659-haiti-economy-moise-accepts-the-program-of-control-and-the-requirements-of-the-imf.html

HL/ HaitiLibre



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