(2014-09) Haiti public sector external debt, monthly stock Oct 2013-Sep 2014

MEF • 2014

Summary — Monthly table from Haiti's Ministry of Economy and Finance (MEF), sourced from the Banque de la Republique d'Haiti (BRH), showing the aggregated public sector external debt stock, including payment arrears, for each month from October 2013 through September 2014. It breaks the stock down by bilateral and multilateral creditors and by rescheduled debt and arrears.

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Key Findings

Total public sector external debt rose from USD 1,503.0 million (Oct 2013) to USD 1,826.5 million (Sep 2014).
Venezuela alone accounted for USD 1,573.7 million (86.2%) of total external debt by September 2014.
Bilateral creditors held 91.54% of the debt stock in September 2014, versus 7.49% for multilateral creditors.
Payment arrears rose from zero to USD 3.7 million (1.0% of total) between January and September 2014.
No outstanding BIRD/IDA (World Bank) balance recorded in any month of the series.

Full Description

This is a monthly time-series table produced by Haiti's Ministry of Economy and Finance (MEF), with data sourced from the Banque de la Republique d'Haiti (BRH), tracking the aggregated public sector external debt stock (including payment arrears) from October 2013 to September 2014. Total external debt (equal to long-term debt in this period) rose steadily from USD 1,503.0 million in October 2013 to USD 1,826.5 million in September 2014. Bilateral creditors dominate the stock, rising from USD 1,354.6 million (90.1%) to USD 1,672.0 million (91.54%) of the total, driven almost entirely by the Bolivarian Republic of Venezuela, whose debt grew from USD 1,263.7 million to USD 1,573.7 million over the period (accounting for roughly 84-86% of total external debt). Chine (Taipei) is the only other active bilateral creditor with a declining balance, from USD 76.8 million to USD 71.7 million. Multilateral creditors' share fell from 9.0% to 7.49% of the total, with FIDA, FMI, BID and OPEC as the active multilateral lenders and no outstanding BIRD/IDA (World Bank) balance. Rescheduled debt (dette reamenagee), entirely owed to Chine (Taipei), rose from USD 12.4 million to USD 17.6 million, and payment arrears appear starting January 2014, reaching USD 3.7 million by September 2014 (1.0% of the total). A second table presents the same breakdown as a percentage of total external debt.

Topics

Geography

Time Coverage

2013-10 — 2014-09

Keywords

dette externe, external debt, sektè piblik, Venezuela, arrieres de paiement, BRH, creanciers bilateraux, creanciers multilateraux, dette reamenagee, MEF

Entities

MEF, BRH, Republique bolivarienne du Venezuela, Chine (Taipei), FIDA, FMI, BID, OPEP, BIRD/IDA

Notes

Cover page is undated (no explicit publication date); publication month prefix inferred from the end of the data series (Sep 2014). doc_id year range (2013-2014) reflects the fiscal-year-style data span, not a single calendar year.