Haiti: Use of Fund Resources—Request for Emergency Post-Conflict Assistance

November 11, 2005

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Haiti: Use of Fund Resources—Request for Emergency Post-Conflict Assistance, (USA: International Monetary Fund, 2005) accessed December 23, 2024

Summary

This paper discusses the Use of IMF Resources in Haiti and Request for Emergency Post-Conflict Assistance (EPCA). The EPCA-supported program was on track until May 2005. All end-December and end-March targets were observed, inflation declined, the exchange rate stabilized, and net international reserves were increased. However, following expansionary fiscal and monetary policies during May–June, most end-June targets were missed. Also, while many structural measures were implemented as envisaged, progress on key structural measures, including the census of public employment and domestic arrears, was delayed.

Subject: Arrears, Bank deposits, Banking, Commercial banks, Credit, Emergency assistance, External debt, Financial institutions, Foreign aid, Money, Revenue administration

Keywords: Arrears, Commercial banks, CR, Credit, Emergency assistance, Emergency Post-Conflict Assistance, EPCA financing, Financing, Financing gap, Global, IMF Emergency Post-Conflict Assistance, IMF policy advice, IMF's Emergency Post-Conflict Assistance, ISCR

Publication Details

Pages:

81
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2005/404
Stock No:

1HTIEA2005004
ISBN:

9781451817621
ISSN:

1934-7685

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