FAES Board of Directors, Minutes of the Meeting of 12 December 2024: 2023-2024 Results and 2024-2025 Budget
Summary: Minutes, prepared by the MEF's Studies and Programming Unit, of the FAES board meeting of 12 December 2024 chaired by finance minister Alfred Métellus. The board heard the fund's 2023-2024 results and adopted a 2024-2025 budget of about 10.36 billion gourdes, 57 percent below the previous year, with ten resolutions.
Key Findings
- FAES managed ten programs in 2023-2024, five domestically and five externally financed, with average financial execution of 59 percent of 22 billion gourdes programmed.
- Reported 141 small projects generating 110,000 temporary jobs, 43,273 new households enrolled in SIMAS and 119,619 food kits distributed.
- Of seven billion gourdes allocated to FAES under the Food Shock Window, 6.5 billion had been disbursed, six billion of it in cash transfers.
- The 2024-2025 budget envelope is about 10.36 billion gourdes, 57 percent below the previous year, about 95 percent for program investment.
- The social affairs minister said three billion gourdes are programmed for the PUM in 2024-2025 against nine billion a year earlier.
- Resolutions adopt the budget, require monthly disbursement reports to the MEF, quarterly board meetings, regional tendering and an MEF structure to monitor the Food Shock Window.
How to cite
Economic and Social Assistance Fund (FAES), FAES Board of Directors, Minutes of the Meeting of 12 December 2024: 2023-2024 Results and 2024-2025 Budget, https://budget.gouv.ht/storage/app/uploads/public/67a/291/fe5/67a291fe54469058431823.pdf
- Rights holder
- Fonds d'Assistance Économique et Sociale (FAES)