Haiti Enhanced HIPC Decision Point Document
- Haiti qualifies for assistance under the HIPC Initiative.
- HIPC debt relief is estimated at US$140.3 million in NPV terms.
- MDRI debt relief from IDA could amount to US$464.4 million in nominal terms.
- Haiti's NPV of debt-to-exports ratio is expected to fall to 91.2 percent at completion point after HIPC and MDRI assistance.
- Exports performance is pivotal to service its external debt after HIPC assistance.
This document presents a decision point assessment of Haiti's qualification for assistance under the Enhanced Heavily Indebted Poor Countries (HIPC) Initiative. It details Haiti's economic and social conditions, recent political and security developments, and policy track record. The report outlines the macroeconomic framework and future reform agenda, including the Poverty Reduction Strategy Paper (PRSP) process. It assesses debt sustainability and presents possible HIPC and MDRI assistance scenarios, emphasizing the importance of strong governance, fiscal prudence, and private sector development for Haiti's long-term economic stability.
How to cite
International Monetary Fund (IMF), 2006, Haiti Enhanced HIPC Decision Point Document, https://www.imf.org/external/pubs/ft/scr/2006/cr06440.pdf