Haiti Economic Outlook
October 11, 2016Severe weather conditions are set to further hamper growth this year according to the bleak picture of the Haitian economy painted by Central Bank Governor Jean Baden Dubois on 31 August. Although Haiti has seen economic hardship for several years, the government managed to reduce the fiscal deficit in 2015 by keeping public spending at bay. This year, the Central Bank has announced new measures to support growth, including lower requirements for loans to the agricultural sector and refinancing possibilities for export-oriented companies. On the political front, the date for the presidential elections has finally been set for 9 October.
Haiti Economy Data
5 years of Haiti economic forecasts for more than 30 economic indicators.
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|Exchange Rate||63.64||-0.10 %||Oct 21|
Haiti Economic Growth
October 11, 2016The Central Bank’s measures to support growth are expected to alleviate the economic strain to a certain extent. Recurrent political instability, however, casts a shadow on the outlook. Our analysts expect the economy to expand 1.7% in 2016, which is down 0.1 percentage points from last month’s forecast. In 2017, the panel expects GDP to grow 2.6%.