Haiti: Staff Report for the 2015 Article IV Consultation and Request for a Three-Year Arrangement Under the Extended Credit Facility

June 24, 2015

Preview Citation

Format: Chicago

Haiti: Staff Report for the 2015 Article IV Consultation and Request for a Three-Year Arrangement Under the Extended Credit Facility, (USA: International Monetary Fund, 2015) accessed November 21, 2024

Summary

This 2015 Article IV Consultation highlights that a drought that affected agricultural output slowed Haiti’s GDP growth to 2.7 percent in FY2014, but inflation remained in the mid-single digits. The overall fiscal deficit of the central government remained high, in part owing to one-off investment related to Hurricane Sandy. International reserves remained appropriate at about 5 months of imports. The implementation of structural reforms to support growth underpins the medium-term outlook, which is nonetheless subject to downside risks. GDP growth in FY2015 is expected to be between 2–3 percent, and to increase to 3–4 percent in the medium term.

Subject: Central banks, Credit, External debt, International reserves, Money, Oil prices, Prices, Public debt

Keywords: BRH repurchase operation, Caribbean, CR, Credit, Global, Government, Government of Haiti, International reserves, ISCR, Oil price decrease, Oil prices, Price, Reform package, SDR, Untargeted fuel price subsidy

Publication Details

Pages:

104
Volume:

---
DOI:

---
Issue:

---
Series:

Country Report No. 2015/157
Stock No:

1HTIEA2015003
ISBN:

9781513588209
ISSN:

1934-7685

FACTSHEETS

RESOURCES

TOPICS

Flagship Publications

Other Publications

IMF reports and publications by country

Regional Offices

All News

See Also

For Journalists

Press Center

RESOURCES

FLAGSHIPS

KEY SERIES

IMF NOTES

IMF Staff Country Reports