BRH Monetary Policy Note
Summary: This report from the Banque de la République d'Haïti (BRH) analyzes monetary policy during the first quarter of fiscal year 2024-2025. It highlights the impact of socio-political instability on economic activity and persistent inflationary pressures, despite exchange rate stability and favorable public finances.
Key Findings
- The global macro-economic environment experienced moderate growth with disparities across countries.
- Persistent socio-political instability in Haiti significantly affected economic activity.
- The Haitian government aims for zero monetary financing in the 2024-2025 budget.
- The banking system's product net banking decreased by 10.79%.
- The level of dollarization decreased during the quarter.
Full Description
This note on monetary policy for the first quarter of fiscal year 2024-2025 by the BRH examines the global and domestic economic environment, focusing on Haiti. The report details decisions related to monetary policy, trends in monetary aggregates, and performance indicators for the banking sector. It also covers credit allocation by category, gender, and geographic region, and concludes with perspectives on the economic outlook, emphasizing the need for security to foster economic recovery and control inflation.
How to cite
Bank of the Republic of Haiti (BRH), 2025, BRH Monetary Policy Note, https://www.brh.ht/wp-content/uploads/NOTE-POLITIQUE-MONETAIRE-DEUXIEME-TRIMESTRE-EXERCICE-FISCAl-2024-2025.pdf