Fiscal Balance in Haiti
Haiti - Fiscal BalanceThe economy remains rife with instability and unrest, as anti-government protests continue to simmer more than a month after the publication of a damning report on the embezzlement of several billion dollars of PetroCaribe funds. President Jovenel Moise, who is reportedly implicated in the scheme, has thus far refused to step down. In turn, the economy likely took a hit due to the instability, with several countries issuing travel advisories and airlines cancelling flights in a blow to the tourism sector. In more positive news, the U.S. administration recently renewed temporary protected status for 50,000 Haitian residents until January 2020. Meanwhile, in early March, the IMF agreed to provide Haiti with a three-year USD 229 million loan as part of an Extended Credit Facility.
Haiti - Fiscal Balance Data
|Fiscal Balance (% of GDP)||-7.2||-6.4||-2.5||-0.1||-1.0|
5 years of economic forecasts for more than 30 economic indicators.
|Exchange Rate||82.42||-1.13 %||Mar 11|
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