(2013-10) Public sector external debt, monthly, October 2012-September 2013
Summary — Ministry of Economy and Finance table showing Haiti's public sector external debt (including payment arrears) month by month from October 2012 to September 2013, in aggregated form, sourced from BRH. It breaks the stock down by bilateral and multilateral creditors and by rescheduled debt, in millions of US dollars and as a percentage of total.
Key Findings
- Total public sector external debt rose from 1,103.9 M USD (Oct-2012) to 1,474.8 M USD (Sep-2013).
- Venezuela (BANDES/PetroCaribe) alone represented 83.7% of total external debt by Sep-2013.
- Bilateral creditors held 89.9% and multilateral creditors 9.2% of the total by Sep-2013.
- Rescheduled debt (mainly with Chine Taipei) stayed below 1% of the total throughout the period.
- Reported arrears were zero in every month from Oct-2012 to Sep-2013.
Full Description
This is a one-page monthly statistical table produced by Haiti's Ministry of Economy and Finance (MEF), citing the Banque de la Republique d'Haiti (BRH) as source, tracking the stock of Haiti's public sector external debt (including payment arrears) for each month from October 2012 through September 2013 (Haitian fiscal year 2013). The debt is presented in aggregated form in millions of US dollars, split between long-term bilateral creditors (United States, France, Spain, Italy, Chine Taipei, and the Bolivarian Republic of Venezuela under the PetroCaribe-linked BANDES facility) and multilateral creditors (IDA/World Bank, FIDA, IMF, IDB, OPEC Fund), plus a separate rescheduled-debt line (mainly with Chine Taipei) and an arrears line. A second panel restates every line as a percentage of total external debt.
Over the period, total external debt rose steadily from 1,103.9 million USD in October 2012 to 1,474.8 million USD in September 2013 (one monthly figure, December 2012, is recorded as 11,730.0, an evident data-entry inconsistency against the adjacent long-term-debt line of 1,173.0 for the same month). Bilateral creditors, dominated overwhelmingly by Venezuela (which alone accounted for 83.7 percent of total external debt by September 2013), made up around 88-90 percent of the stock throughout the period, while multilateral creditors held roughly 9-11 percent, split mainly between FIDA and the IMF. Rescheduled debt (almost entirely with Chine Taipei) remained under 1 percent of the total, and reported arrears were nil across all twelve months.
Notes
Cover carries no explicit publication date; publication month inferred as the month following the period end (Oct-2013). Source table itself shows an apparent data-entry error: the Dec-2012 total external debt cell reads 11 730,0, inconsistent with the adjacent long-term debt figure of 1 173,0 for the same month; figure is carried through as printed in key data narrative but flagged here rather than corrected.