Haiti: Second Review Under the Staff-Monitored Program and Request for Extension-Press Release; and Staff Report

This paper highlights Haiti’s Second Review under the Staff-Monitored Program (SMP) and Request for Extension. Economic conditions in Haiti remain fragile amid persistent domestic and external shocks, and rising uncertainty. Despite the challenging conditions, program implementation has been encouraging. All quantitative and indicative targets for the end-June test date were met. The nine-month extension of the SMP through September 2026 will help support macroeconomic stability, preserve reform momentum, and allow for political and security conditions to stabilize. Maintaining focus on the core priorities of the SMP is also recommended. The authorities requested a nine-month extension of the SMP, which IMF staff proposes for Management’s approval. The extension aims to support macroeconomic stability and preserve reform momentum, amid worsening security conditions and heightened political uncertainty. The extension will also allow for the completion of remaining structural benchmarks and will advance the governance and reform agenda through new structural benchmarks.