Haiti: 2010 Article IV Consultation and Request for a Three-Year Arrangement Under the Extended Credit Facility: Staff Report; Staff Supplement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Haiti

August 11, 2010

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Haiti: 2010 Article IV Consultation and Request for a Three-Year Arrangement Under the Extended Credit Facility: Staff Report; Staff Supplement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Haiti, (USA: International Monetary Fund, 2010) accessed November 21, 2024

Summary

The January 2010 earthquake represented a major setback for Haiti, after several years of improved economic performance. Executive Directors commended the authorities for quickly restoring basic government functions and maintaining sound policies during the crisis. Directors welcomed the National Action Plan for Recovery and Development and also the Partial Credit Guarantee scheme. They also stressed the need to strengthen revenue administration, monetary framework, and tax policy reforms. Directors agreed that Haiti met the eligibility and qualification criteria for debt stock relief under the Post-Catastrophe Debt Relief (PCDR) Trust Fund.

Subject: Asset and liability management, Banking, Credit, Debt relief, Debt service, External debt, Money, Public debt

Keywords: Caribbean, CR, Credit, Debt relief, Debt service, GDP deflator, Government, IDA resource, IDB disbursement, IFC activity, Inter-American Development Bank, ISCR, Pre-existing IDA investment project, Scheme, Support assistance, Support disbursement, Western Hemisphere

Publication Details

Pages:

107
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2010/263
Stock No:

1HTIEA2010002
ISBN:

9781455206810
ISSN:

1934-7685

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