Haiti: Staff Report for the 1999 Article IV Consultation

IMF Staff Country Reports, September 24, 1999

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Haiti: Staff Report for the 1999 Article IV Consultation

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Bibliographic details

• Published: September 24, 1999
• Series: IMF Staff Country Reports
• DOI: https://doi.org/10.5089/9781451817539.002

Summary of main findings

• 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,
  • 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.

Thematic observations

• Financial sector:
  • Strengthening of the central bank’s supervisory capacity.
  • Continued improvement in the regulatory framework.
• Macroeconomic outcomes:
  • Reduction in inflation (no numerical rate provided in source).
  • Narrowing of the external current account deficit (no numerical value provided).
  • Rise in official net international reserves (no numerical value provided).
  • Output growth improved to about 3 percent.
• Program implementation:
  • Overall satisfactory performance under the FY1997/98 Staff-Monitored Program (year ending in September).
  • Credit policy implemented more tightly than programmed.
  • Fiscal deficit ended up slightly higher than programmed.

Publication metadata (from source)

• Pages: 48
• Volume: 1999
• Issue: 105
• Series: Country Report No. 1999/105
• DOI: https://doi.org/10.5089/9781451817539.002
• 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.

Haiti: Staff Report for the 1999 Article IV Consultation, September 24, 1999

Content in this bundle

• Haiti: Staff Report for the 1999 Article IV Consultation - ISCR/99/105
  • Haiti: Staff Report for the 1999 Article IV Consultation - ISCR/99/105 (Markdown version)
  • Haiti: Staff Report for the 1999 Article IV Consultation - ISCR/99/105 (PDF)
• Haiti
  • Haiti (Markdown version)
  • Haiti (PDF)