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Haiti Debt Relief
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Author :United States. Congress. House. Committee on Financial Services. Subcommittee on International Monetary Policy and Trade Publisher : ISBN 13 : Total Pages :76 pages Book Rating :4.3/5 (91 download)
Book Synopsis Haiti Debt Relief by : United States. Congress. House. Committee on Financial Services. Subcommittee on International Monetary Policy and Trade
Download or read book Haiti Debt Relief written by United States. Congress. House. Committee on Financial Services. Subcommittee on International Monetary Policy and Trade and published by . This book was released on 2010 with total page 76 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Haiti by : International Monetary Fund
Download or read book Haiti written by International Monetary Fund and published by International Monetary Fund. This book was released on 2006-09-25 with total page 41 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper presents a preliminary assessment of the eligibility of Haiti for assistance under the Enhanced Heavily Indebted Poor Countries Initiative (HIPC) to attain the Millennium Development Goals (MDGs). It discusses the medium-to-long-term macroeconomic framework, poverty, social, and political developments of Haiti, and summarizes the results of the preliminary Debt Sustainability Analysis (DSA) and possible HIPC and Multilateral Debt Relief Initiative (MDRI) assistance. It suggests a timeline for the preparation of the decision point document, presents key reforms for the completion point triggers, and gives an indication of how prospective HIPC assistance will be used and its use tracked.
Book Synopsis Haiti by : International Monetary Fund
Download or read book Haiti written by International Monetary Fund and published by International Monetary Fund. This book was released on 2006-12-14 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper presents an assessment of Haiti’s qualification for assistance under the Enhanced Heavily Indebted Poor Countries (HIPC) Initiative. Poverty Reduction and Growth Facility (PRGF) arrangement is scheduled to be discussed by the IMF Executive Board in parallel with this document. The impact of prolonged political conflicts and violence, periods of high external assistance followed by the withdrawal of economic support, and natural disasters has been severe. The government has begun the preparation of a full Poverty Reduction Strategy Paper (PRSP). An important objective of the authorities is to achieve robust and sustainable real economic growth.
Author :États-Unis. Congress. House. Committee on Financial Services. Subcommittee on International Monetary Policy and Trade Publisher : ISBN 13 : Total Pages :67 pages Book Rating :4.:/5 (113 download)
Book Synopsis Haiti Debt Relief by : États-Unis. Congress. House. Committee on Financial Services. Subcommittee on International Monetary Policy and Trade
Download or read book Haiti Debt Relief written by États-Unis. Congress. House. Committee on Financial Services. Subcommittee on International Monetary Policy and Trade and published by . This book was released on 2010 with total page 67 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Haiti by : International Monetary Fund
Download or read book Haiti written by International Monetary Fund and published by International Monetary Fund. This book was released on 2009-09-14 with total page 66 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper discusses Haiti’s progress under the Enhanced Initiative for Heavily Indebted Poor Countries. Substantial advances have been made toward meeting the four triggers not fully implemented, and the authorities are committed to further progress in the near future. These triggers relate to publication of audited government accounts, implementation of a new procurement law, education funding, teacher training and school inspections, and increasing immunization rates. Haiti’s parliament passed a new procurement law in June 2009, which is in line with international best practices.
Book Synopsis Haiti by : International Monetary Fund
Download or read book Haiti written by International Monetary Fund and published by International Monetary Fund. This book was released on 2011-05-13 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt: The economy of Haiti is recovering despite the challenging international and domestic environments. The FY2011 budget appropriately supports the reconstruction objectives in a context of sustainable public financing. Monetary policy remains geared toward keeping inflation in the single digits. The structural reform agenda continues to focus on improving the business climate and promoting private sector-led growth. International assistance is critical to recovering from the 2010 earthquake in Haiti. Reconstruction is under way, albeit at a slower pace than envisaged. The humanitarian response from donors to the earthquake was quick and sizable.
Author :International Monetary Fund. Western Hemisphere Dept. Publisher :International Monetary Fund ISBN 13 :147551798X Total Pages :83 pages Book Rating :4.4/5 (755 download)
Book Synopsis Haiti by : International Monetary Fund. Western Hemisphere Dept.
Download or read book Haiti written by International Monetary Fund. Western Hemisphere Dept. and published by International Monetary Fund. This book was released on 2014-04-29 with total page 83 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Seventh Review Under the Extended Credit Facility of Haiti focuses on economic activity that continued to advance in FY2013, despite negative weather events early in the fiscal year. The fiscal deficit increased to 6.7 percent of GDP in FY2013 owing to a gasoline price freeze that dented revenues and on transfers to the electricity sector. The evolution of monetary aggregates reflected government policies and some dedollarization, while the banking system remained well capitalized and profitable. The macroeconomic outlook and the conditions for policy implementation are subject to a number of downside risks.
Author :International Monetary Fund Publisher :International Monetary Fund ISBN 13 :1451954654 Total Pages :115 pages Book Rating :4.4/5 (519 download)
Book Synopsis Haiti by : International Monetary Fund
Download or read book Haiti written by International Monetary Fund and published by International Monetary Fund. This book was released on 2001-01-10 with total page 115 pages. Available in PDF, EPUB and Kindle. Book excerpt: This note reviews the effects of dollarization on the ability of the Bank of the Republic of Haiti (BRH) to conduct monetary policy and the risks to macroeconomic stability and the banking system. Haiti's external indebtedness has been compared with that of countries eligible for debt relief under the Initiative for Highly Indebted Poor Countries (HIPCs). Haiti's accession to the Caribbean Common Market and the impact of trade liberalization measures on the strategic rice sector is discussed. The causes of poverty in Haiti are also analyzed.
Author :International Monetary Fund. Western Hemisphere Dept. Publisher :International Monetary Fund ISBN 13 :1513541544 Total Pages :39 pages Book Rating :4.5/5 (135 download)
Book Synopsis Haiti by : International Monetary Fund. Western Hemisphere Dept.
Download or read book Haiti written by International Monetary Fund. Western Hemisphere Dept. and published by International Monetary Fund. This book was released on 2020-04-20 with total page 39 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper discusses Haiti’s Request for Disbursement Under the Rapid Credit Facility. Coronavirus disease 2019 (COVID-19) poses a major challenge for Haiti, a country in a fragile situation with very limited healthcare services, just emerging from two years of socio-political instability and worsening economic hardship. Measures are being taken by the government to stop the spread of the virus and to cushion the economic impact of the shock. IMF emergency support under the Rapid Credit Facility will help fill the balance of payments gap and create fiscal space for essential health expenditures, income support to workers, and cash and in-kind transfers to households. In order to address the crisis, scarce budgetary resources will need to be allocated to critical spending on disease containment and increased social assistance to the most vulnerable. In order to ensure the appropriate use of emergency financing, the authorities should prepare monthly budget execution reports on COVID-19 expenditures and undertake an ex-post financial and operational audit of COVID-related operations.
Book Synopsis Haiti by : International Monetary Fund
Download or read book Haiti written by International Monetary Fund and published by International Monetary Fund. This book was released on 2012-04-02 with total page 75 pages. Available in PDF, EPUB and Kindle. Book excerpt: The staff report on Haiti’s second and third reviews under the Extended Credit Facility is examined. Haiti has emerged from a protracted and tumultuous electoral period. The reconstruction is under way, albeit at a slower pace than anticipated, owing mainly to the protracted electoral agenda and Haiti’s limited administrative and absorptive capacity. The damage caused by the earthquake has been massive, estimated at the equivalent to 120 percent of GDP. The authorities need to sustain high growth, alleviate poverty, and strengthen the country’s resilience to external shocks.
Author :International Monetary Fund Publisher :International Monetary Fund ISBN 13 :1455206814 Total Pages :107 pages Book Rating :4.4/5 (552 download)
Book Synopsis Haiti by : International Monetary Fund
Download or read book Haiti written by International Monetary Fund and published by International Monetary Fund. This book was released on 2010-08-11 with total page 107 pages. Available in PDF, EPUB and Kindle. Book excerpt: The January 2010 earthquake represented a major setback for Haiti, after several years of improved economic performance. Executive Directors commended the authorities for quickly restoring basic government functions and maintaining sound policies during the crisis. Directors welcomed the National Action Plan for Recovery and Development and also the Partial Credit Guarantee scheme. They also stressed the need to strengthen revenue administration, monetary framework, and tax policy reforms. Directors agreed that Haiti met the eligibility and qualification criteria for debt stock relief under the Post-Catastrophe Debt Relief (PCDR) Trust Fund.
Author :International Monetary Fund. Western Hemisphere Dept. Publisher :International Monetary Fund ISBN 13 :1484358015 Total Pages :38 pages Book Rating :4.4/5 (843 download)
Book Synopsis Haiti: Ex Post Assessment of Longer-Term Engagement by : International Monetary Fund. Western Hemisphere Dept.
Download or read book Haiti: Ex Post Assessment of Longer-Term Engagement written by International Monetary Fund. Western Hemisphere Dept. and published by International Monetary Fund. This book was released on 2015-01-05 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt: EXECUTIVE SUMMARY Haiti’s 2006 and 2010 Fund-supported programs started under very different circumstances but shared the main objectives of preserving macroeconomic stability and creating the conditions for a sustained growth takeoff through structural reform. The 2006 program started as Haiti was making progress toward macroeconomic stabilization. Reducing inflation and avoiding fiscal dominance of monetary policy were top priorities. The 2010 program started in the aftermath of a devastating earthquake. It faced the challenges of dealing with a huge inflow of aid and scaling up public investment. Both programs aimed to foster reforms to address long-standing governance and transparency concerns, as well as improving revenue mobilization to increase fiscal space and reduce fiscal vulnerabilities. Growth was to rise to 4-6 percent, an ambitious objective given Haiti’s long history of serious fragility with near zero or negative growth. There were notable successes during the two programs. Despite a series of shocks, inflation remained in single digits and international reserves increased by more than expected, which helped to limit exchange rate volatility in the context of the large aid inflow. Program performance criteria effectively eliminated central bank credit to the government, thus reducing risks of fiscal dominance. Structural reforms also advanced, particularly during the 2006 program which coincided with the HIPC process. Revenue administration improved, with tax revenue rising steadily over the two programs. These achievements were not negligible given Haiti’s history.
Book Synopsis Haiti Earthquake by : Maureen Taft-Morales
Download or read book Haiti Earthquake written by Maureen Taft-Morales and published by DIANE Publishing. This book was released on 2011 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is a print on demand edition of a hard to find publication. The largest earthquake ever recorded in Haiti devastated parts of the country, including the capital, on Jan. 12, 2010. The quake, centered about 15 miles southwest of Port-au-Prince, had a magnitude of 7.0. The focus of this report is on the immediate crisis in Haiti as a result of the earthquake and the U.S. and international response as of 1/15/10. Contents: (1) Current Conditions; (2) Haitian Gov¿t. Response; (3) Humanitarian Relief Operation; (4) U.S. Response; (5) International Response; (6) Response of International Financial Institutions; (7) Regional Response ; (8) Implications for Haiti; (9) Congressional Concerns: Funding; Immigration; Constituent Concerns and Private Charities; (10) Legislation in the 111th Congress. Illus.
Download or read book Haiti written by International Monetary and published by International Monetary Fund. This book was released on 2023-02-07 with total page 59 pages. Available in PDF, EPUB and Kindle. Book excerpt: Haiti has been hit hard by the global food price shock. In September 2022, food inflation reached 44 percent, with rice inflation nearly 70 percent. With more than half the population already below the poverty line, Haiti faces a dire humanitarian crisis, with an expected financing gap in FY2023 of at least US$105 million (0.5 percent of GDP), assuming import compression and pending additional external financing from development partners. This shock compounds the hardships of an already highly fragile country—also suffering a public health emergency (cholera) and serious security risks. In line with global trends and also due to an escalation of violence, the macroeconomic situation has been more challenging relative to the outlook in June 2022, at the time of the approval of the Staff Monitored Program (SMP). That said, recent data suggest that the authorities are making meaningful efforts to overcome the multiple challenges facing the country and the First Review of the SMP was approved by IMF Management on December 21, 2022.
Book Synopsis Haiti by : International Monetary Fund
Download or read book Haiti written by International Monetary Fund and published by International Monetary Fund. This book was released on 2010-02-04 with total page 65 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper presents Haiti’s Sixth Review under the Extended Credit Facility and request for Waiver of Performance Criterion, and Augmentation of Access. Manufacturing activity would be hit the most, as the largest enterprises, including the important export textile sector, have been located in the Port-au-Prince area. The destruction of government and private buildings is also estimated to result in a sharp drop in government services, commerce, and tourism. Agriculture, the main growth driver, would be affected owing to widespread damages to the production systems in and around the earthquake area.
Book Synopsis Delivering on Debt Relief by : Nancy Birdsall
Download or read book Delivering on Debt Relief written by Nancy Birdsall and published by Columbia University Press. This book was released on 2002-04-17 with total page 192 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study brings readers up to date on the complicated and controversial subject of debt relief for the poorest countries of the world. What has actually been achieved? Has debt relief provided truly additional resources to fight poverty? How will the design and timing of the "enhanced Heavily Indebted Poor Country (HIPC) initiative" affect the development prospects of the world's poorest countries and their people? The study then moves on to address several broader policy questions: Is debt relief a step toward more efficient and equitable government spending, building better institutions, and attracting productive private investment in the poorest countries? Who pays for debt relief? Is there a case for further relief? Most important, how can the case for debt relief be sustained in a broader effort to combat poverty in the poorest countries?
Author :International Monetary Fund. Western Hemisphere Dept. Publisher :International Monetary Fund ISBN 13 :1498355137 Total Pages :180 pages Book Rating :4.4/5 (983 download)
Book Synopsis Haiti: Poverty Reduction Strategy Paper by : International Monetary Fund. Western Hemisphere Dept.
Download or read book Haiti: Poverty Reduction Strategy Paper written by International Monetary Fund. Western Hemisphere Dept. and published by International Monetary Fund. This book was released on 2014-06-10 with total page 180 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper focuses on Haiti’s Poverty Reduction Strategy Paper and 2014–2016 Three-Year Investment Program. The Haiti Strategic Development Plan presents the new framework for the planning, programming, and management of Haitian development, the vision and the strategic guidelines for the country’s development, and the four major work areas to be implemented to ensure the recovery and development of Haiti. The Three-Year Investment Program, 2014–2016 (PTI 2014–2016) concerns implementation of the Strategic Plan for Development of Haiti and more specifically implementation of the government’s priorities for the period.
