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Economy / Haiti

Long-Term External Account Concerns Remain

October 2011 | Economic Analysis

Haiti's balance of payment accounts will remain shaky in the coming years, as both the current account and financial account remain in deficit. While the capital account surplus - generated by debt forgiveness, foreign transfers and sizeable levels of IMF credit - is likely to keep an external account crisis at bay over the medium term, we are concerned about longer-term stability.

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