Haiti 2007 Article IV Consultation and First PRGF Review
- Haiti has made progress in stabilizing the economy and restoring political institutions.
- Structural reforms are needed to achieve higher, sustained growth.
- Domestic revenue mobilization is key to funding essential government expenditure.
- The monetary policy framework needs clarification to consolidate a stable low-inflation environment.
- External competitiveness should be bolstered by addressing non-price competitiveness problems.
The IMF Executive Board concluded its 2007 Article IV consultation with Haiti, commending the authorities for stabilizing the economy and restoring political institutions. Key recommendations include mobilizing domestic revenues, improving budget execution, clarifying the monetary policy framework, and addressing non-price competitiveness issues. The report highlights the need for structural reforms to overcome bottlenecks and achieve higher, sustained growth, while maintaining a floating exchange rate regime and limiting interventions to rebuilding reserves and smoothing seasonal fluctuations.
How to cite
International Monetary Fund (IMF), Haiti 2007 Article IV Consultation and First PRGF Review, https://www.imf.org/external/pubs/ft/scr/2007/cr07293.pdf