Haiti: Staff Report for the 1999 Article IV Consultation

September 24, 1999

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Haiti: Staff Report for the 1999 Article IV Consultation, (USA: International Monetary Fund, 1999) accessed November 21, 2024

Summary

This 1999 Article IV Consultation highlights that progress on structural reforms in Haiti in FY1998/99 has been mixed. In the financial sector, the central bank’s supervisory capacity and the regulatory framework continued to be strengthened. Performance under the FY1997/98 Staff-Monitored Program (year ending in September) was satisfactory. As a result of firm policy implementation, inflation was reduced, the external current account deficit narrowed, and official net international reserves rose. Output growth picked up to about 3 percent. Credit policy was tighter than programmed, although the fiscal deficit was slightly higher than in the program.

Subject: Banking, Central banks, Credit, Education, Health, International reserves, Macrostructural analysis, Money, Structural reforms

Keywords: Caribbean, Central government deficit, CR, Credit, Deficit, Fund hold follow-up discussion, Fund-sponsored expert, International reserves, ISCR, North America, Salary scale, Staff appraisal, Structural reforms, Wage base, Western Hemisphere

Publication Details

Pages:

48
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 1999/105
Stock No:

1HTIEA0011999
ISBN:

9781451817539
ISSN:

1934-7685

Notes

Included with the Staff Report are the text of Public Information Notice No. 99/92--IMF Concludes Article IV Consultation with Haiti and a Statement by Murilo Portugal, Executive Director and Vishnu Dhanpaul, Assistant, on September 3, 1999.

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