BRH Monetary Policy Note (2013-Q1)
Summary — This report analyzes recent economic developments in Haiti, focusing on monetary policy. It outlines the monetary policy framework, its connection to various economic sectors, and provides insights into the authorities' decisions and short-term economic outlook.
Key Findings
- Inflation continued its upward trend, reaching 7.5% in November 2012.
- The Central Bank maintained its accommodative monetary policy.
- The gourde depreciated against the US dollar by 3.6% year-on-year.
- The budget deficit reached 628.8 million gourdes.
- The Central Bank intervened in the foreign exchange market to stabilize the gourde.
Full Description
This document analyzes recent developments in the Haitian economy, with a focus on monetary policy. It presents the monetary policy framework that links different sectors of the economy and the monetary sphere. The objective is to inform the public about the orientation of monetary policy, account for the latest decisions taken by the authorities, and identify short-term perspectives for the national economy. The report covers the first quarter of fiscal year 2013, examining the economic environment, policy decisions, and future perspectives.