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Economic Growth - Haiti Observer Blog

Economic Growth, Haiti Observer Blog. Read the following articles about Economic Growth


 

IMF expects Haiti economic growth of four per cent in 2015

IMF projects 4% Economic Growth for Haiti in 2015 but Financial and Domestic Destabilization could occur

Under a new initiative called the Extended Credit Facility (ECF), signed in 2014, Haiti has benefited from ECF assistance in sustaining economic growth. The International Monetary Fund (IMF) projects a growth rate of 4% in 2015 for the country. But there has been reduced gross domestic product (GDP) at 2.7% in 2014, compared to 4.2% in 2013. Inflation is between 4% - 6%.

The Haitian government has not been able to reduce the high fiscal deficit, partially associated with Hurricane Sandy. Infrastructure improvements to stimulate growth strengthen the medium-term forecast, but is liable to negative risks.

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