Deal with the IMF despite economic challenges
The International Monetary Fund (IMF) and Haiti have concluded a provisional agreement following the fourth review of their joint program, which took place from September 14 to 25, 2026. While the institution praised the progress made by the country in implementing economic commitments, it maintains its concerns regarding several aspects.
By NAGO News
2 min read
According to Clindoeil Info, the IMF indicated that an agreement still needs to be approved by its management. The review mission was conducted remotely and involved various Haitian officials, including Minister of Economy and Finance Serge Gabriel COLLIN, as well as Governor of the Central Bank of Haiti (BRH) Ronald GABRIEL.
The IMF notes that Haiti has met most of the objectives set in the program. As of the end of June 2026, net international reserves stood at approximately .9 billion, a level significantly above the floor set by the program.
However, the institution points out delays in certain structural reforms due to limited institutional capacity and a difficult context. Despite these advances, economic prospects remain worrisome for 2026 with an eighth consecutive year of economic contraction.
Inflation is expected to reach around 16% on an annual basis during the 2026 fiscal year, a level significantly lower than the peak of over 32% recorded in October 2025. The IMF also estimates that several risks could undermine Haiti's external situation, including a prolonged rise in the cost of fuel imports and a possible decrease in private transfers.
The electoral process is a major challenge. According to the IMF, its successful implementation will depend on the easing of security conditions, adequate financing, and continued international support.
Reporting by Clindoeil Info
Comments 0