Report on the Status of the Public Finance Reform (October–December 2023 to March 2024)
Summary — The CRFP-GE's status report on Haiti's public finance reform covering October–December 2023 through March 2024.
Key Findings
- The March 2024 CRFP-GE report reviews public finance reform for October-December 2023 and the first five months of FY2023-2024.
- It describes a national context marked by gang control of about 80 percent of the Port-au-Prince metropolitan area and continued economic contraction.
- GDP fell by about 1.9 percent in the latest exercise, with agriculture down 5.6 percent, manufacturing activities down 3.7 percent and construction down 6.9 percent.
- The trade deficit remained high at 20.2 percent of GDP in 2022-2023, down from 22.1 percent in 2021-2022 and 22.8 percent in 2020-2021.
- The report highlights progress in domestic revenue and customs, including a 20.83 percent reduction in tax expenditures in FY2022-2023 attributed to PRDF.
- It also says reform efforts continued across governance domains, but improvements were generally not yet substantial and the national environment remained a major obstacle.
Full Description
The CRFP-GE's status report on Haiti's public finance reform covering October–December 2023 through March 2024.
How to cite
Public Finance and Economic Governance Reform Commission (CRFP-GE), Report on the Status of the Public Finance Reform (October–December 2023 to March 2024), https://crfpge.gouv.ht/publications/1770647284_CRFP-RapportÉtatAvancementdelaRFP-PériodeOctobre-Décembre 2023-Mars 2024_Vf.pdf