Haiti PRSP Progress Report Joint Staff Advisory Note
- Macroeconomic stability was preserved despite severe shocks.
- Growth projections are more conservative due to exogenous shocks and global downturn.
- Inflation is projected higher than initial targets despite falling international prices.
- Securing financial resources for DSNCRP and PDNA implementation has been challenging.
- Governance reforms have advanced, but public institutions remain weak.
This Joint Staff Advisory Note (JSAN) reviews the first progress report on Haiti's Poverty Reduction Strategy Paper (PRSP). It acknowledges the challenges posed by economic shocks and natural disasters that impacted the implementation of the DSNCRP. The note assesses macroeconomic policies, highlighting the need for fiscal prudence and improved revenue collection. It also examines structural reforms in areas such as agriculture, infrastructure, and social sectors, emphasizing the importance of governance and public sector reforms to enhance transparency and efficiency. The JSAN provides recommendations for improving monitoring and evaluation of the PRSP and addressing key risks to Haiti's macroeconomic stability.
How to cite
International Monetary Fund (IMF), 2009, Haiti PRSP Progress Report Joint Staff Advisory Note, https://www.imf.org/external/pubs/ft/scr/2009/cr09289.pdf