(2025-01) Citizen's Budget: Amended Budget FY2024-2025
Summary — MEF's plain-language citizen's budget explaining Haiti's amended (rectificatif) FY2024-2025 state budget, set at 323.45 billion gourdes. It covers the legal budget process, the crisis context (security, political transition, inflation), the revenue and spending breakdown, and which ministries and sectors receive the largest allocations.
Key Findings
- Amended FY2024-2025 budget set at 323.451 billion gourdes, up from the initial law.
- Total financing gap of 37.92 billion gourdes (17.84bn deficit + 20.08bn debt service), to be covered by 25.03bn in domestic treasury-securities issuance, 7.22bn in project-loan disbursements and 5.66bn in external loans.
- Social sector receives the largest allocation (91.82bn gourdes, 28.4% of budget), led by MENFP/education at 47.28bn gourdes (14.6% of the general budget).
- Capital expenditure (118.68bn) now exceeds personnel spending (102.17bn) in the revised budget.
- New excise duties: 30% on imported alcohol/energy drinks (customs value) vs 6-10% on locally-made equivalents (ex-factory price).
Full Description
This citizen's budget, published by Haiti's Ministry of Economy and Finance (MEF), presents in accessible terms the amended (rectificatif) budget law for fiscal year 2024-2025, totaling 323.451 billion gourdes. It walks readers through core budget concepts (initial finance law, amending finance law, settlement law), the legal framework (1987 Constitution, LEELF law of 4 May 2016) and the key actors in budget preparation (Primature, MEF, MPCE, sectoral ministries, Parliament, CSCCA, Presidency). The document situates the rectificatif in a difficult national context: a seventh consecutive year of economic contraction, double-digit inflation, a fragile Presidential Transitional Council government installed in April 2024, expanding armed-group violence, acute food insecurity, and preparations for elections planned for 7 February 2026.
On financing, domestic resources total 217.54 billion gourdes (DGI 83.46bn, AGD/customs 131.58bn, other domestic 2.5bn), grants add 68.0 billion gourdes, and the government's total financing need is 37.92 billion gourdes (17.84bn budget deficit plus 20.08bn in debt service), to be covered via project-loan disbursements (7.22bn), domestic treasury-securities issuance (25.03bn) and external loans (5.66bn). On spending, current expenditure is 184.69 billion gourdes (personnel 102.17bn, goods and services 61.7bn, transfers/subsidies 19.59bn, interest 1.23bn) and capital expenditure is 118.68 billion gourdes. By sector, the social sector receives the largest envelope (91.82 billion gourdes, 28.4%), followed by the political sector (83.75bn, 25.9%) and the economic sector (83.30bn, 25.8%); within these, MENFP (education, 47.28bn), MJSP (justice/security, 39.29bn) and MTPTC (public works, 30.06bn) are the top-funded ministries. New fiscal measures include raised excise duties on imported and locally-made alcohol and energy drinks, and extended customs/fiscal exemptions for export, agricultural, artisanal, industrial and tourism enterprises and free-zone operators.
Notes
Cover is undated beyond 'Exercice 2024-2025'; no explicit publication month found in the text. The document references forward-looking/actual data points at 30 September 2025 (fiscal year-end) and a planned election date of 7 February 2026, indicating the rectificatif was prepared during FY2024-2025 (Oct 2024-Sep 2025); publication month set to -01 as a fallback per instructions, but true month is uncertain (plausibly mid-to-late FY2024-2025). Note the document cites two different inflation figures tied to 30 Sept 2025 (28% in the context section vs. 19.1% in the macro-hypotheses section) without reconciling them; both are reproduced faithfully from source.