Haiti: Staff Monitored Program

International Monetary Fund

No 2004/216, IMF Staff Country Reports from International Monetary Fund

Abstract: This paper discusses the Staff-Monitored Program (SMP) for Haiti. The authorities have reached understandings with the IMF staff on a short-term SMP. The main objectives of the program are to preserve financial stability, support economic recovery, and establish a track record of policy implementation that could build a basis for a possible future request for the use of IMF resources. This program follows an earlier one-year SMP that was put in place in March 2003 and was expected to lead to a successor Poverty Reduction and Growth Facility arrangement in the second half of 2004.

Keywords: ISCR; CR; government; financing; Haiti; outlay; financing gap; government infrastructure; financial support; BRH financing; transition government; Public sector; Commercial banks; Arrears; International reserves; Monetary base (search for similar items in EconPapers)
Pages: 43
Date: 2004-07-23
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