Haiti: Second Review Under the Staff-Monitored Program-Press Release; and Staff Report

Haiti: Second Review Under the Staff-Monitored Program-Press Release; and Staff Report
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Volume/Issue: Volume 2023 Issue 230
Publication date: June 2023
ISBN: 9798400246142
$20.00
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Topics covered in this book

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Money and Monetary Policy , Public Finance , International - Economics , SMP staff report , food price inflation , policy reform , IMF's transparency policy , Haiti's Staff-Monitored Program , economic policy objective , management of the International Monetary Fund , Budget planning and preparation , Energy subsidies , Global

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Nepal
Grenada
Republic of Congo : 2001 Article IV
Summary

Haiti faces a challenging macroeconomic outlook amid a humanitarian crisis. The country has been hit hard by economic spillovers from Russia’s invasion of Ukraine, with food price inflation triggering a hunger crisis. This global shock has been compounded by a dire security situation, which has heightened the economy’s fragility, hampered activity, and generated supply-side bottlenecks which have further fueled inflation. Risks to the outlook are tilted to the downside.

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