(2020-04) Haiti Selected Issues

International Monetary Fund • 2020 • 57 pages

Summary — This IMF Country Report on Haiti examines selected issues including inequality, social protection spending, energy sector reform, and cross-border trade with the Dominican Republic. It provides analysis and policy recommendations to support Haiti's economic development and stability.

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Key Findings

Inequality in Haiti remains high, hindering economic growth and development.
Social protection policies have been historically underdeveloped and fragmented.
Energy sector inefficiencies generate large fiscal and economic losses.
Cross-border trade with the Dominican Republic is significant, but largely unrecorded, leading to revenue losses.
Reforms in various sectors are needed to promote inclusive growth and fiscal sustainability.

Full Description

This IMF Country Report (No. 20/122) on Haiti delves into selected issues critical for the country's economic outlook. It includes an analysis of inequality and policy options to address it, a review of social protection spending and its effectiveness, an examination of energy sector reform challenges and proposals, and an assessment of cross-border trade with the Dominican Republic. The report provides detailed policy recommendations aimed at fostering inclusive growth, improving fiscal sustainability, and enhancing economic resilience in Haiti. It emphasizes the need for structural reforms, better governance, and targeted social programs to support the most vulnerable segments of the population.

Topics

Geography

Time Coverage

2010 — 2019

Keywords

Haiti, inequality, social protection, energy sector, reform, cross-border trade, economic development, fiscal policy, poverty reduction, governance, structural reforms

Entities

IMF, Electricité d'Haiti (EDH), Petrocaribe, World Bank, Dominican Republic, UN

Notes

IMF Country Report (20-122)