BRH Monetary Policy Note
- The Haitian economy continued to be affected by shocks from the previous fiscal year, including socio-political instability and fuel shortages.
- Annual inflation reached 48.3% in December 2022.
- The BRH intervened in the foreign exchange market to support the supply of foreign currency.
- The total revenues of the State increased by 23.5% compared to the previous quarter.
- The banking system showed an improvement in profitability and net banking income.
This note on monetary policy by the BRH analyzes the first quarter of the fiscal year 2022-2023. The report assesses the global and Haitian economic environment, including the impact of international inflation and domestic security conditions. It details decisions on monetary policy, trends in monetary aggregates, and the performance of the financial sector, including banking system indicators and credit distribution. The document concludes with perspectives on the Haitian economy for the upcoming quarters, considering factors such as social sector allocations and international economic conditions.
How to cite
Bank of the Republic of Haiti (BRH), 2023, BRH Monetary Policy Note, https://www.brh.ht/wp-content/uploads/Note_de_Politique_Monetaire-_3e_Trim-2023_last_version.pdf