(2025-03) Budget Execution Report as of March 31, 2025 (mid-year, FY 2024-2025)

CSCCA (Cour Supérieure des Comptes et du Contentieux Administratif) • 2025

Summary — This report by the CSCCA analyzes Haiti's budget execution for the 2024-2025 fiscal year as of March 31, 2025. It highlights a low overall execution rate for expenditures, particularly for investments, despite a positive budget balance. The report also notes the Ministry of Economy and Finance's non-compliance with legal reporting requirements and recommends improved resource mobilization and balanced spending.

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Key Findings

The Ministry of Economy and Finance (MEF) failed to comply with legal provisions for budget reporting, specifically regarding the General Accounts.
Domestic resource mobilization reached only 45.42% of annual forecasts by March 31, 2025, indicating a risk of not meeting annual targets.
Overall budget expenditure execution rate was low at 31.48% by March 31, 2025, with capital expenditures significantly under-executed (17.83%).
A positive budget balance of 18.80 billion gourdes was observed, primarily due to the under-execution of investment projects and non-mobilization of external financing.
No monetary financing was provided by the BRH to the Public Treasury, which is considered a positive factor to prevent currency depreciation and inflation.

Full Description

This report from the Cour Supérieure des Comptes et du Contentieux Administratif (CSCCA) provides an analysis of Haiti's budget execution for the 2024-2025 fiscal year, covering the period up to March 31, 2025. It reveals that the budget is being executed in a challenging national context marked by a severe socio-economic and security crisis, including a national economic contraction and high inflation (25.2% in March 2025), leading to nearly one million displaced persons. The report identifies a low overall budget execution rate of 31.48% for expenditures, with capital expenditures (17.83%) significantly under-executed compared to current expenditures (42.99%). Despite a positive budget balance of 18.80 billion gourdes, the CSCCA expresses concern, attributing this surplus primarily to the non-mobilization of external financing and the under-execution of strategic investment projects. The report also critically notes that the Ministry of Economy and Finance (MEF) failed to comply with the legal provisions of the LEELF by not submitting a comprehensive General Accounts report.

Topics

Geography

Time Coverage

2024-10-01 — 2025-03-31

Keywords

Haiti, budget execution, public finance, CSCCA, MEF, fiscal year 2024-2025, resource mobilization, public expenditure, investment projects, economic crisis, security situation, inflation, displaced persons, governance, financial management

Entities

Cour Supérieure des Comptes et du Contentieux Administratif (CSCCA), Ministère de l'Économie et des Finances (MEF), Fonds Monétaire International (FMI), Banque Interaméricaine de Développement (BID), Banque Mondiale (BM), Banque de la République d'Haïti (BRH), Administration Générale des Douanes (AGD), Direction Générale des Impôts (DGI), Institut Haïtien de Statistique et d'Informatique (IHSI), Organisation Internationale pour les Migrations (OIM), Parlement, Commission Nationale des Marchés Publics (CNMP)

Notes

Series: REBP (quarterly, cumulative). Cover page confirms 'Au 31 mars 2025' (mid-year execution) for FY2024-2025. Found via the site's homepage banner carousel, not the paginated /document/rapport_audit listing; no independent 'Publié le' date available (approximate 2025-03/04 based on content).