BRH Monetary Policy Note (2013-Q4)
Summary — This document analyzes recent economic developments in Haiti, focusing on monetary policy. It outlines the monetary policy framework, its objectives, and short-term economic perspectives.
Key Findings
- Inflation continued its upward trend, reaching 7.5% in November 2012.
- The BRH's claims on the central government impacted the monetary base, which increased by 4.19%.
- Authorities decided to continue the accommodative monetary policy implemented since 2010.
- The exchange rate depreciated by 3.60% annually.
- The budget recorded a deficit of 628.8 million gourdes in the first quarter.
Full Description
This note analyzes Haiti's recent economic developments with an emphasis 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 direction of monetary policy, account for recent decisions by authorities, and outline short-term perspectives for the national economy. The document covers the first trimester of fiscal year 2013.