Haiti: First Review Under the Staff-Monitored Program—Press Release; and Staff Report
- Haiti faces a multidimensional crisis with a challenging outlook due to global and country-specific shocks.
- The authorities are committed to implementing the SMP and have contained the impact of shocks.
- Restoration of security is the priority for improving economic conditions.
- Continued strengthening of the social safety net is essential to alleviate poverty.
- A government-led strategy requires financial support from the international community.
The IMF's Staff Report on Haiti's Staff-Monitored Program (SMP) highlights the country's ongoing challenges, including a dire security situation, economic contraction, and high inflation. Despite these difficulties, the report acknowledges the Haitian authorities' commitment to the SMP, which aims to maintain macroeconomic stability, strengthen governance, and address development needs. Key priorities include revenue mobilization, social safety net enhancements, and governance reforms, all of which require continued international support and coordination. The report also emphasizes the importance of avoiding non-concessional loans and maintaining transparency in public spending and central bank operations.
How to cite
International Monetary Fund (IMF), 2025, Haiti: First Review Under the Staff-Monitored Program—Press Release; and Staff Report, https://www.imf.org/en/publications/cr/issues/2025/05/22/haiti-first-review-under-the-staff-monitored-program-press-release-and-staff-report-567142