Adoption of the 2025-2026 Budget in the Council of Ministers

At its first Council of Ministers session held at the National Palace on Thursday, 9 October 2025, the transition government adopted the FY2025-2026 budget, worth 345.5 billion gourdes, a 6.8% increase over the FY2024-2025 rectified budget. The communiqué frames the budget as reinforcing the transition's strategic priorities: restoring public security (treated as a factor of production), organizing inclusive general elections fully financed via the Basket Fund, and macroeconomic stabilization, consistent with the political accord of 3 April 2024. Strategic orientations include debt-of-law reinforcement, anti-corruption efforts, food security, fiscal and budgetary administration modernization, and a territorialized approach emphasizing departmentalized spending.

Macroeconomic projections underlying the budget include 0.3% real GDP growth, 23.4% end-of-period inflation, an expected 4.3% fiscal-pressure ratio (down from 2024-2025), a target to raise fiscal pressure from 2026-2027 onward, zero net monetary financing, and 29.2 billion gourdes in net treasury-bill issuance. Domestic resources (DGI and AGD collections, treasury bills, and internal project financing) fund 80.9% of the envelope, with grants and loans covering 19.1%. Current expenditure (213.6 billion gourdes, 61.8% of the total) is dominated by personnel costs (32.4%) and goods and services (19.1%), while capital expenditure (131.9 billion gourdes, 38.2%) is financed 46.7% domestically and 53.3% externally. Sectoral priorities detailed include police and armed forces reinforcement, CEP electoral-capacity strengthening, textile-sector relief, a new Centrale des Bilans to improve financial transparency, and expanded social protection (cash transfers, health-facility reopening, school rehabilitation).