(2015-06) Haiti Selected Issues

International Monetary Fund • 2015 • 66 pages

Summary — This IMF Country Report examines selected issues facing Haiti, including opportunities and challenges for growth, public expenditure, monetary policy, external buffers, and the public sector's fiscal target. It analyzes key constraints and provides recommendations for structural reforms to promote sustainable and inclusive growth.

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Key Findings

Haiti's real exchange rate is broadly aligned with fundamentals, but competitiveness is severely constrained by structural factors.
Export diversification is important to reduce vulnerability to shocks.
Strengthening property rights and the land tenure system is essential to unlock growth.
The electricity sector is a bottleneck to growth, hampering investment and poverty reduction.
Financial intermediation in Haiti is low and concentrated, requiring greater competition and regulatory improvements.

Full Description

This Selected Issues paper on Haiti provides background documentation for the periodic consultation with the member country. It delves into opportunities and challenges for growth, focusing on export diversification, property rights, and electricity sector reform. It also analyzes public expenditure trends, efficiency, and future demand for public education. Further sections cover monetary policy, financial intermediation, external buffers, competitiveness, and the public sector's fiscal target, providing a comprehensive overview of Haiti's economic landscape and policy priorities.

Topics

Geography

Time Coverage

2004 — 2014

Keywords

Haiti, economic development, structural reforms, public expenditure, monetary policy, financial intermediation, external buffers, competitiveness, electricity sector, property rights, trade, education

Entities

International Monetary Fund, Banque de la République d'Haïti, World Bank, USAID, Petrocaribe, Électricité de France

Notes

IMF Country Report (15-158)