(2014-06) Report on the Country's Financial Situation and Efficiency of Public Expenditure, FY 2014-2015
Summary — This report by the Superior Court of Accounts and Administrative Disputes (CSCCA) analyzes Haiti's financial situation and public spending efficiency for the 2014-2015 fiscal year. It highlights a challenging economic context with low GDP growth, high inflation, and a significant trade deficit, exacerbated by political instability and reduced PetroCaribe funds. The report criticizes the public finance management system for its lack of transparency, integration, and accountability, leading to inefficient allocation of public investments.
Key Findings
- Public debt level raises questions about its sustainability and risks consuming a significant portion of the country's meager resources for debt service.
- The public finance management system is poorly integrated, opaque, and lacks accountability, leading to inefficient public spending.
- Many public investment projects, especially those funded by PetroCaribe, were not aligned with the Strategic Development Plan of Haiti (PSDH) and lacked clear justification or proper follow-up.
- The Ministry of Planning and External Cooperation (MPCE) has a "double hat" role (coordinator and project manager) which creates conflicts of interest and weakens its effectiveness.
- There is a critical need to return to public accounting fundamentals, ensure regularity of expenditures, and improve inter-institutional information exchange to prevent transactions from escaping control.
Full Description
This report by the Superior Court of Accounts and Administrative Disputes (CSCCA) provides a comprehensive analysis of Haiti's financial situation and the efficiency of public spending during the 2014-2015 fiscal year. The period was characterized by significant political instability, including repeated electoral crises and a parliamentary vacuum, alongside a difficult economic environment. Key economic indicators showed a sluggish GDP growth of 1.7% (far below the 4.6% forecast), a double-digit inflation rate of 11.3%, and a widening trade deficit of $2.5 billion. External financing and PetroCaribe funds, crucial for public investments, saw drastic reductions, contributing to a rise in public debt.
The CSCCA identifies major deficiencies in the public finance management system, noting a lack of transparency, integration, and accountability. The fiscal year saw an unprecedented three budgets and substantial reallocations of PetroCaribe-funded projects, often without clear justification or alignment with the Strategic Development Plan of Haiti (PSDH). The report highlights that many public investment projects were either inactive or lacked proper financial and physical progress tracking. Recommendations include implementing strategies to manage public debt, prioritizing structuring and productive investments over short-term or non-essential projects, improving inter-institutional information exchange, and clarifying the roles of entities like the Ministry of Planning and External Cooperation (MPCE) to enhance governance and spending efficiency.
Notes
Series: RSFPEDP (annual). Site listing initially gave only a truncated title and a 'Publié le 2026-04-29'-style very early publish date (2014-06-29); the PDF's own cover page confirms 'Rapport pour l'exercice 2014-2015', so the FY label used here is document-verified even though it postdates the FY-end (report necessarily published after Sep 2015; the site's stored 'Publié le' date of 2014-06-29 is almost certainly a data-entry artifact, not the true publication date — flagged, not corrected). Oldest CSCCA RSFPEDP report reached from the site's paginated listing (6 pages total).