International Monetary Fund - Haiti Observer Blog

Haiti must be doing something right. The island comprising of Haiti and the Dominican Republic is expected to lead the entire Caribbean region economically in the next two years. Based on the latest update of the International Monetary Fund's World Economic Outlook report, these two countries are expected to grow on an average between 3.75 percent for Haiti and 4.75 percent for the Dominican Republic.

Are we witnessing the shifting of power in the region?

Experts already predicted if this trend continues, in just a few years, the Island of Hispaniola will be the center of economic activities for the region.

Read more →  

Should Michel Martelly say: Yap Rablabal, map travail? If you look at the latest data coming from the International Monetary Fund, you would say that he is right.

based on the latest information from the International Monetary Fund, Haiti's gross domestic product grew in the 2013 fiscal year by almost 4 percent. This is preliminary information that will be verified after the entire year is over. This is better than expected as the International Monetary Fund projected the growth at 3.4 percent as late as last June of this year.

Si se konsa, anbin bagay yo pa pi mal!

Read more →  

After suffering from a devastating earthquake back in 2010, Haiti has been slowly recovering and has even surprisingly ensured economic growth in a short span of time for the past two years. This is due to the constant flow of financial aid given to the Caribbean country by developed countries through the International Monetary Fund (IMF). The IMF has already released about $300 million since 2010 to help Haiti out. But with the recent economic recession happening in several developed countries, chances of Haiti obtaining sufficient assistance from IMF and other nations for the next years to come is slim.

Read more →