Annual Report of the Financial Adviser-General Receiver for the Fiscal Year October 1926 to September 1927
- Foreign commerce fell 20.59 percent in 1926-27 to 155,252,042 gourdes, mainly because of lower quantities and unit prices of Haiti's principal exports.
- Imports were 78,756,600 gourdes, 2,261,158 gourdes more than exports of 76,495,442 gourdes, and exports fell 24.44 percent largely because of coffee.
- Total receipts were 38,861,534.79 gourdes, down 14.34 percent from 1925-26.
- Expenditures from revenue exceeded receipts by 885,628.96 gourdes, which the report calls a deficit, although treasury balances were larger than necessary.
- The report states that the gourde is exchangeable at the fixed rate of five gourdes for one United States dollar.
The report was submitted to the Secretary of State of the United States and the Haitian Secretary of State for Finance and Commerce through the American High Commissioner, and it is signed by W. W. Cumberland as Financial Adviser-General Receiver. It states that foreign commerce was valued at 155,252,042 gourdes in 1926-27, a decline of 20.59 percent, that imports fell 16.44 percent and exports 24.44 percent, and that the fall in coffee volume and price explained most of the export decline. Total receipts were 38,861,534.79 gourdes, down 14.34 percent from the largest receipts in the history of the republic, and expenditures from revenue exceeded receipts by 885,628.96 gourdes.
The treasury was never embarrassed and retirement of the public debt continued at a rapid pace. Chapters also cover the origin and destination of trade, ports, shipping, customs administration and tariff revision, internal revenue, the public debt, currency, banking and credit, and an annex by the Director General of Internal Revenue.
How to cite
Financial Adviser-General Receiver of Haiti, Annual Report of the Financial Adviser-General Receiver for the Fiscal Year October 1926 to September 1927, accessed via HaitiDocs, https://www.haitidocs.org/doc/haiti-1927-annual-report-financial-adviser-general-receiver
- Rights holder
- Financial Adviser-General Receiver of Haiti