Haiti: Sixth Review Under the Extended Credit Facility Arrangement, and Request for Extension of the Arrangement and Rephasing of Disbursements
IMF Staff Country Reports, August 15, 2013
Source details
- Canonical URL
- Haiti: Sixth Review Under the Extended Credit Facility Arrangement, and Request for Extension of the Arrangement and Rephasing of Disbursements
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Bibliographic details
- Published: August 15, 2013
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781484345702.002
Summary findings
- Growth continued to be modest, due largely to long-standing frail capacity, weather-related shocks, and structural weaknesses.
- Inflation remained in the mid-single digits.
- International reserves were at about six months of imports.
- Fiscal performance during the first half of the year was weaker than budgeted, mostly on account of lower revenue collection.
- Program implementation is broadly satisfactory.
- The authorities met all end-March 2013 performance criteria, but missed two indicative targets.
Fiscal and financial themes
- Fiscal performance: weaker-than-budgeted in H1 (first half of the year) driven mainly by lower revenue collection.
- Public finance instruments and topics noted: Bank deposits, Capital spending, Commercial banks, Credit, Current spending, Expenditure, Financial institutions, Money, Public debt.
- Keywords and program context: Capital spending, Commercial banks, CR, Credit, Current spending, debt management, ECF arrangement, equivalent, exchange rate, fiscal year, Global, IMF's executive board, ISCR, reconstruction plan, SDR.
Program implementation and review actions
- The document covers the Sixth Review under the Extended Credit Facility (ECF) arrangement and a request for extension of the arrangement and rephasing of disbursements.
- Program implementation is characterized as broadly satisfactory.
- Performance targets: all end-March 2013 performance criteria were met; two indicative targets were missed.
Publication and document metadata
- Publication title: Haiti: Sixth Review Under the Extended Credit Facility Arrangement, and Request for Extension of the Arrangement and Rephasing of Disbursements
- Publication date: August 15, 2013
- Series: Country Report No. 2013/260
- Issue: 260
- Volume: 2013
- Pages: 54
- DOI: https://doi.org/10.5089/9781484345702.002
- ISBN: 9781484345702
- ISSN: 1934-7685
- Stock No: 1HTIEA2013003
Source: Haiti: Sixth Review Under the Extended Credit Facility Arrangement, and Request for Extension of the Arrangement and Rephasing of Disbursements, August 15, 2013.