IMF constituency meeting, April 2026: Haiti's stability under multiple shocks
- Exchange rate stable for more than two years in a narrow range.
- Gross reserves exceed six months of imports and are rising.
- Haiti faces more than five years of security crisis, balance of payments pressure and structurally high inflation.
- The Governor cited the World Economic Outlook finding that conflict can cost up to 7% of GDP over five years.
The Governor opened by citing the latest World Economic Outlook finding that conflicts leave lasting scars, with output losses that can reach 7% of GDP over five years, more than major financial crises. For Haiti he listed more than five years of security crisis, persistent balance of payments pressure, structurally high inflation and acute food insecurity.
He said the exchange rate has moved in a narrow range for more than two years, the financial system is sound and gross reserves of more than six months of imports are rising, results of prudent management under adverse conditions. He argued for more cooperation among members of the constituency, citing Brazil's PIX instant payment system, Panama's capacity to absorb external shocks, Ecuador's completion of programs in difficult conditions and Guyana's growth. He said inclusion of all members in the Board is a condition of lasting stability.
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Bank of the Republic of Haiti (BRH), IMF constituency meeting, April 2026: Haiti's stability under multiple shocks, https://www.brh.ht/publications/discours-du-gouverneur/
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- Banque de la République d'Haïti (BRH)