In its last bulletin published last August, the Ministry of Economy and Finance described objectively and without demagogy the rather bad macroeconomic situation of Haiti, evoking a downward revision of growth https://www.haitilibre.com/en/news-25429-haiti-news-zapping.html , a high inflation https://www.haitilibre.com/en/news-25362-haiti-economy-monthly-inflation-accelerates-+-15-in-july.html and a record exchange rate https://www.haitilibre.com/en/news-25429-haiti-news-zapping.html

"For the period from October 2017 to July 2018, the evolution of public finances is mainly marked by the continuous depreciation of the gourde; slower growth in revenue collection since February; the slow pace of execution of the initial budget of the growth sectors, jeopardizing of the objective of targeted economic growth; increased subsidies to the electricity sector (EDH); the continued increase in the financing of the Bank of the Republic of Haiti (BRH) and riots affecting both trade and public services."

See also :

https://www.haitilibre.com/en/news-25429-haiti-news-zapping.html

https://www.haitilibre.com/en/news-25362-haiti-economy-monthly-inflation-accelerates-+-15-in-july.html

https://www.haitilibre.com/en/news-25429-haiti-news-zapping.html

IH/ iciHaiti