Haiti: Fourth Review Under the Extended Credit Facility: Staff Report and Press Release
IMF Staff Country Reports, August 3, 2012
Source details
- Canonical URL
- Haiti: Fourth Review Under the Extended Credit Facility: Staff Report and Press Release
Other formats
Bibliographic details
- Published: August 3, 2012
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781475506037.002
Executive summary and key findings
- All end-March 2012 performance criteria were met.
- Implementation of structural reforms has continued, although two out of three end-March 2012 structural benchmarks were not observed.
- The stance of macroeconomic policy and the reform agenda remain broadly unchanged.
- Continued policy focus:
- Consolidating macroeconomic stability.
- Mobilizing higher revenue to allow increased spending in critical areas.
- Strengthening cash management.
- Modernizing the financial sector through structural reforms.
Macroeconomic policy stance
- Policy priorities remain broadly unchanged and will continue to focus on:
- Consolidating macroeconomic stability.
- Mobilizing higher revenue to permit increased spending in critical areas.
- Strengthening cash management.
Structural reforms and financial sector
- Structural reform implementation has continued.
- Two out of three end-March 2012 structural benchmarks were not observed.
- Ongoing structural reform objectives include modernizing the financial sector.
Program implementation and monitoring
- All end-March 2012 performance criteria under the Extended Credit Facility (ECF) were met.
- Structural benchmarks: 1 of 3 end-March 2012 benchmarks observed; 2 of 3 not observed.
Publication metadata and descriptors
- Publication date: August 3, 2012
- Pages: 49
- Volume: 2012
- Issue: 220
- Series: Country Report No. 2012/220
- DOI: https://doi.org/10.5089/9781475506037.002
- Stock No: 1HTIEA2012003
- ISBN: 9781475506037
- ISSN: 1934-7685
- Subject: Bank deposits, Capital spending, Commercial banks, Credit, Expenditure, Financial institutions, Financial services, Money, Public debt
- Keywords: Bank deposits, Capital spending, Commercial banks, CR, Credit, debt service, ECF arrangement, foreign currency, Global, government initiative, government institution, IMF's executive board, ISCR, law enforcement authorities, reconstruction plan, SDR
Source: Haiti: Fourth Review Under the Extended Credit Facility: Staff Report and Press Release (IMF Staff Country Reports), August 3, 2012.