iciHaiti - Economy : Reprint of 30 million of 10 Gourde Banknotes

Haiti - News : Zapping...

Haiti - Internet : 2nd National Conference on Universal Acceptance organized

Haiti - Politic : Sunrise Airways obtains a third operating certificate in the Caribbean

Haiti - FLASH : New fleet of vehicles in the DR, for dignified transport of deported Haitians

Haiti - News : Zapping...

more news

iciHaiti - Politic : Haiti renews its commitment to the Alliance for Security, Justice and Development

iciHaiti - Politic : Former Haitian Ambassador Roudy Stanley Penn awarded the Taiwan Star Medal

iciHaiti - Dajabón : Haitian merchants chased from sidewalks and streets

iciHaiti - U15 National Selection : First phase of detection, 26 young people selected

iciHaiti - Music : 4 days of Kreyòl Jazz (program)

more news

iciHaiti - Economy : Reprint of 30 million of 10 Gourde Banknotes
10/03/2019 09:55:42

Unlike foreign currency notes that Haitians treat with great care, the national currency is not respected, the notes are soiled, degraded, crumpled, or torn by the Haitian people, including that of 10 Gourdes (the one of the most abused). An uncivil behavior, which forces the Bank of Republic of Haiti (BRH) to replace them more often. These notes, which should normally last more than one year, have a life in Haiti reduced to more or less 6 months...

Also the BRH, due to a shortage of stock of new 10 Gourdes, has just placed an order for reprinting 30 million of 10 Gourdes notes to the French firm Oberthur Fiduciaire S.A.S. one of the first private fiduciary printers in the world in the manufacture of banknotes and related secure services, of which the BRH is already a client.

This over-the-counter contract for an amount of 845,000 Euros (± 78 million Gourdes) was authorized by the Superior Court of Accounts and Administrative Litigation (CSC/CA) and by the National Commission for Public Procurement (CNMP) end of February. Which means that each reprinted 10 Gourdes ticket costs the BRH ± 2.6 Gourdes because of the bad behavior and disrespect of the population towards our national currency.

PI/ iciHaiti