Decree establishing the rectified budget of the Republic of Haiti, FY2024-2025
- Overall budget envelope kept nearly flat at GDES 323,451,000,000 (+GDES 6,000,000 vs. initial) but internal composition shifted.
- Direct tax projection cut by GDES 1,500,000,000 (-2.99%) while indirect taxes rose GDES 5,346,000,000 (+3.56%).
- Base budgetary balance fell 15.58% to GDES 32,844,355,762.
- Overall balance including grants moved to a deficit of GDES 17,837,124,338.
- Capital/program expenditure was reduced while current expenditure increased.
This decree, issued by the Transitional Presidential Council and published in Le Moniteur (Special No. 27, Monday April 21, 2025), amends the General Budget of the Republic of Haiti for fiscal year 2024-2025 (originally set by the decree of September 30, 2024). The preamble cites an unpredictable evolution of the fiscal and economic situation over the year, driven by the security crisis, social disruptions affecting expected tax revenue, and rising urgent security and social-protection spending, requiring an urgent adjustment of budget forecasts while preserving fiscal sustainability.
Chapter I revises domestic resources: taxes and duties at GDES 217,535,200,000, budget-support grants and project aid at GDES 67,998,908,435, and internal/external financing proceeds at GDES 37,916,891,565. It also amends several articles of the Investment Code and the free-zone law, covering customs and tax exemptions and revising excise-duty rates on alcoholic and energy drinks. Chapter II sets rectified operating credits at GDES 209,335,000,000 and program/project credits at GDES 114,116,000,000. Chapter III presents the revised financial-operations table: total revenue GDES 217,535,200,000, total expenditure GDES 303,371,232,773, a base budgetary balance of GDES 32,844,355,762, and an overall balance including grants of GDES -17,837,124,338. Detailed annex tables break down credits by institution, sector, and expenditure title for both the initial and rectified budgets.
How to cite
Ministry of Economy and Finance (MEF), Decree establishing the rectified budget of the Republic of Haiti, FY2024-2025, https://budget.gouv.ht/storage/app/uploads/public/680/a78/920/680a78920047a010480554.pdf