Fiscal Balance in Haiti
Haiti - Fiscal BalanceThe economy remains in a bad way. Inflation rose to a fresh multi-year high in July, spurred by the weaker gourde—despite recent Central Bank intervention in the FX market to stabilize the currency—and corroding household purchasing power. Moreover, the tourism sector likely remains in the doldrums, as security concerns keep visitors away. This comes after activity was dampened in the second quarter by drought hitting the agriculture sector, and business sentiment curbed by public unrest. On the political front, President Jovenel Moïse survived an impeachment vote in August. Despite this, the event highlights the unstable political situation, which will continue to weigh on confidence going forward.
Haiti - Fiscal Balance Data
|Fiscal Balance (% of GDP)||-7.2||-6.4||-2.6||-0.1||-0.5|
5 years of economic forecasts for more than 30 economic indicators.
|Exchange Rate||94.09||-1.13 %||Sep 04|
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