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Haiti: Staff Report for the 2015 Article IV Consultation and Request for a Three-Year Arrangement Under the Extended Credit Facility

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  • International Monetary Fund

Abstract

This 2015 Article IV Consultation highlights that a drought that affected agricultural output slowed Haiti’s GDP growth to 2.7 percent in FY2014, but inflation remained in the mid-single digits. The overall fiscal deficit of the central government remained high, in part owing to one-off investment related to Hurricane Sandy. International reserves remained appropriate at about 5 months of imports. The implementation of structural reforms to support growth underpins the medium-term outlook, which is nonetheless subject to downside risks. GDP growth in FY2015 is expected to be between 2–3 percent, and to increase to 3–4 percent in the medium term.

Suggested Citation

  • International Monetary Fund, 2015. "Haiti: Staff Report for the 2015 Article IV Consultation and Request for a Three-Year Arrangement Under the Extended Credit Facility," IMF Staff Country Reports 2015/157, International Monetary Fund.
    • Handle: RePEc:imf:imfscr:2015/157
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    File URL: http://www.imf.org/external/pubs/cat/longres.aspx?sk=43020
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    Cited by:

    1. UNDP Africa, 2016. "Primary Commodity Booms and Busts Emerging Lessons from Sub-Saharan Africa," UNDP Africa Reports 267623, United Nations Development Programme (UNDP).

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