Rebuilding Haiti S Competitiveness And Private Sector

Rebuilding Haiti's competitiveness and private sector: hearing before the Subcommittee on International Monetary Policy and Trade of the Committee on Financial Services, U.S. House of Representatives, One Hundred Eleventh Congress, second session, March 16, 2010.

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.

The Aid for Trade Initiative has allowed for the active engagement of a large number of organisations and agencies in helping developing countries and especially the least developed build the infrastructure and supply-side capacity they need to connect to regional and global markets and improve ...