Haiti 2000 Article IV Consultation and Staff-Monitored Program
- Haiti's economic performance weakened in FY1999/2000 due to political crisis and external shocks.
- The fiscal deficit increased, financed by central bank credit.
- The authorities aim to restore macroeconomic stability in FY2000/01 through fiscal consolidation and tight monetary policy.
- Structural reforms are needed to promote private sector development and improve social services.
- A political settlement is crucial to unlock external assistance and facilitate sustainable growth.
The report details Haiti's economic performance in FY1999/2000, noting a weakening due to political instability, declining investment, and a rising fiscal deficit. It outlines the authorities' economic program for FY2000/01, which aims to restore macroeconomic stability, reduce inflation, and increase official reserves. Key policy recommendations include fiscal consolidation, tight monetary policy, financial sector reform, and structural reforms to promote private sector development and improve social services. The report emphasizes the need for a political settlement to unlock external assistance and facilitate sustainable economic development.
How to cite
International Monetary Fund (IMF), 2001, Haiti 2000 Article IV Consultation and Staff-Monitored Program, https://www.imf.org/external/pubs/ft/scr/2001/cr0106.pdf