Analysis, data & forecasts on every country across the region

Economy / Haiti

Debt Cancellations Provide Some Fiscal Relief

June 2011 | Economic Analysis

While Haiti's incoming government will continue to face huge fiscal problems in the coming years, the willingness of international agencies and creditors to cancel the country's debt obligations as part of ongoing aid packages should provide some relief. Nonetheless, with President Michel Martelly pledging to considerably ramp up expenditure, fiscal deterioration over 2011 and 2012 is likely, and we expect Haiti to remain reliant on external financing to cover its deficits.

To read the full article, please choose one of the following options:

Subcribers please log in