BRH Monetary Policy Note
Summary: This note analyzes recent economic developments in Haiti, focusing on monetary policy. It presents the monetary policy framework and its links to different sectors of the economy, aiming to inform the public and provide short-term economic perspectives.
Key Findings
- The monetary authorities decided to maintain the accommodative monetary policy implemented after the January 12, 2010 earthquake.
- Economic activity was negatively influenced by protests following the November 2010 elections.
- The banking system's performance remained well-oriented, with a 46% increase in profits.
- The gourde maintained stability against the US dollar, with a slight appreciation in December.
- Inflation accelerated to 6.20% in December 2010, driven by rising food prices.
Full Description
This document from the Banque de la République d'Haïti (BRH) analyzes Haiti's recent economic developments during the first quarter of 2011, with a focus on monetary policy. It examines the macroeconomic environment, inflation trends, and the banking sector's performance. The note also discusses the impact of external factors and domestic challenges on the Haitian economy. The objective is to inform the public about the direction of monetary policy, account for recent decisions by authorities, and outline short-term prospects for the national economy.
How to cite
Bank of the Republic of Haiti (BRH), 2011, BRH Monetary Policy Note, https://www.brh.ht/wp-content/uploads/2018/08/note_polmon1t11.pdf