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Haiti: Recent Economic Developments

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  • International Monetary Fund

Abstract

This paper reviews economic developments in Haiti during 1990–94. In the public finances, the current account of the nonfinancial public sector (before grants) shifted from balance in 1991 to a deficit of 3.8 percent of GDP in 1994. With the lack of foreign financing, capital investment fell to low levels over the period, and the overall deficit (before grants) declined from 4.5 percent of GDP to 4.2 percent of GDP; the deficit was financed mainly by recourse to central bank credit and the accumulation of arrears.

Suggested Citation

  • International Monetary Fund, 1995. "Haiti: Recent Economic Developments," IMF Staff Country Reports 1995/034, International Monetary Fund.
  • Handle: RePEc:imf:imfscr:1995/034
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