(1999-09) Haiti Staff Report for the 1999 Article IV Consultation

International Monetary Fund • 1999 • 48 pages

Summary — This report summarizes the IMF's assessment of Haiti's economic performance and policies following the Article IV consultation in 1999. It highlights progress in macroeconomic stability but notes concerns about the political situation hindering structural reforms and growth.

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Key Findings

Macroeconomic stability maintained despite political and economic challenges.
Political impasse delays essential structural reforms.
Transparent parliamentary elections are a priority.
Improved tax and customs administration is needed.
Restructuring of public enterprises should be accelerated.

Full Description

The IMF's staff report for the 1999 Article IV consultation with Haiti assesses the country's economic performance and policy challenges. While macroeconomic stability has been maintained, the report emphasizes that the political impasse has delayed essential structural reforms, hindering sustained economic growth and poverty reduction. Key policy recommendations include carrying out transparent parliamentary elections, maintaining macroeconomic stability during the electoral period, improving tax and customs administration, accelerating the restructuring of public enterprises, and fostering private sector development. The report also discusses medium-term growth scenarios and the need for continued technical assistance.

Topics

Geography

Time Coverage

1995 — 1999

Keywords

Haiti, IMF, Article IV consultation, macroeconomic stability, structural reforms, fiscal policy, monetary policy, elections, poverty reduction, economic growth, governance, external assistance

Entities

IMF, President Préval, Economy and Finance Minister Joseph, Central Bank Governor Jean, European Union, World Bank, Inter-American Development Bank

Notes

IMF Country Report (99-105)