(2017-09) Public sector external debt, October 2016-September 2017 (aggregated, incl. arrears)

MEF • 2017

Summary — Monthly table from Haiti's Ministry of Economy and Finance (source: BRH) showing total public external debt from October 2016 to September 2017, broken down by bilateral and multilateral creditors, rescheduled debt, and payment arrears, in millions of US dollars and as a percent of total. Total external debt rose from USD 2,017.5 million in October 2016 to USD 2,128.8 million in September 2017.

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Key Findings

Total public external debt rose from USD 2,017.5 million (Oct-2016) to USD 2,128.8 million (Sep-2017).
Bilateral creditors, led by Venezuela's BANDES/PetroCaribe line (USD 1,816.9 million by Sep-2017), account for about 90% of the total stock.
Payment arrears surged from USD 6.8 million (0.3% of total) in Oct-2016 to USD 81.4 million (3.8% of total) in Sep-2017.
Multilateral creditor exposure (FIDA, FMI, BID, OPEC) rose modestly from USD 152.1 million to USD 203.5 million over the period.
Rescheduled debt, owed entirely to Chine Taipei, declined slightly from USD 17.0 million to USD 16.3 million.

Full Description

This one-page statistical table, issued by Haiti's Ministry of Economy and Finance (MEF) with data sourced from the Banque de la Republique d'Haiti (BRH), tracks the stock of Haiti's public sector external debt month by month from October 2016 through September 2017, in aggregated form including payment arrears. It disaggregates total long-term external debt into bilateral creditors (dominated by the Bolivarian Republic of Venezuela under the PetroCaribe/BANDES arrangement, plus Chine Taipei) and multilateral creditors (FIDA, FMI/IMF, BID/IDB, OPEC Fund; BIRD/IDA shows zero), and separately tracks rescheduled debt (Chine Taipei only) and accumulated arrears. The series shows total external debt rising steadily from USD 2,017.5 million (October 2016) to USD 2,128.8 million (September 2017), driven mainly by continued accrual of Venezuelan (BANDES/PetroCaribe) obligations, while arrears grew sharply from USD 6.8 million to USD 81.4 million over the same period, an early signal of debt-servicing strain on the bilateral Venezuelan line. Bilateral creditors consistently account for about 90 percent of the total stock, with multilateral creditors near 9-10 percent.

Topics

Geography

Time Coverage

2016-10 — 2017-09

Keywords

dette externe, external debt, arrieres de paiement, PetroCaribe, BANDES, Venezuela, creanciers bilateraux, creanciers multilateraux, BRH, MEF

Entities

MEF, BRH, BANDES, Republique bolivarienne du Venezuela, Chine Taipei, FIDA, FMI, BID, OPEP

Notes

Cover page carries no explicit publication/issue date, only the data period (Oct-16 to Sept-17); publication month prefix set to the last month of data coverage (2017-09) as a proxy. Single-page aggregated table; no narrative text beyond table headers and source line (BRH).