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iciHaiti - IDB : Towards a reinforcement of the social safety net face the increase in fuel prices
27/09/2018 08:37:29

iciHaiti - IDB : Towards a reinforcement of the social safety net face the increase in fuel prices
On Wednesday, on the sidelines of the 73rd Ordinary Session of the UN General Assembly, President Moïse met with Luis Alberto Moreno, President of the Inter-American Development Bank (IDB), around Haiti's development cooperation. Discussions focused on IDB support for the government's efforts to strengthen the social safety net following last July's riots https://www.haitilibre.com/en/news-25055-haiti-flash-heavy-balance-of-riots.html

In this regard, the Head of State recalled the pending request of the Government to the main donor partners, for the financing of social programs ahead of the application of the Staff Monitored Program (SMP) concluded in February with the Monetary Fund international https://www.haitilibre.com/en/news-23659-haiti-economy-moise-accepts-the-program-of-control-and-the-requirements-of-the-imf.html .

President Moreno, recognized the importance of this financial support for the gradual implementation of the measures recommended in the SMP, especially the adjustment of fuel prices which are largely subsidized by the Haitian state.

In addition, as part of the 2018-2019 Programming, it was agreed that the IDB will continue to support, as quickly as possible, initiatives undertaken as part of the Caravan of Change strategy. With regard to agriculture, the President emphasized a better approach to support small and medium-sized enterprises, especially in rice and the poultry sector, with the help of Spanish guarantee funds, which have been available since 2011.

President Moreno has announced that he will visit Haiti next December.

See also :
https://www.haitilibre.com/en/news-25648-haiti-imf-president-moise-talks-with-christine-lagarde.html
https://www.haitilibre.com/en/news-25618-haiti-politic-jovenel-moise-on-an-official-trip-to-new-york.html
https://www.haitilibre.com/en/news-25055-haiti-flash-heavy-balance-of-riots.html
https://www.haitilibre.com/en/news-23659-haiti-economy-moise-accepts-the-program-of-control-and-the-requirements-of-the-imf.html

IH/ iciHaiti

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