Haitian President held work meeting with representatives of IDB, IMF and World Bank

Posted by hougansydney.com on Tuesday, March 20, 2018 Under: Economy

Haitian President, Jovenel Moïse, met Monday, March 19, 2018, Haiti's international partners, including representatives of the Inter-American Development Bank, the World Bank, the International Monetary Fund and Canada , to discuss the need to boost social programs in Haiti to improve the lives of the most vulnerable.

This high-level meeting was an opportunity for President Jovenel Moïse to return to the major programmatic axes of his five-year term, which will ultimately enable the country to reposition itself on the investment map, by definitively reviving the economy to make Haiti an emerging country by 2030.

The President also exposed the various social programs and their considerable contributions to disadvantaged families. He also informed about the changes made to these programs in order to better adapt them to the needs of the population.

He stressed that the financing of social programs was the subject of an agreement with the International Monetary Fund in February 2018. Which programs implemented by FAES should benefit from a transfer of un-disbursed resources. IDB, equivalent to US $7 million, from ongoing investment projects.

Haiti and the IMF reached agreement on a Staff-Monitored Program

The IDB also plans, in support of the efforts of the Moïse-Lafontant Administration, to formulate an investment project in the field of social protection and job creation, a way of enabling the Government of the Republic to have sufficient resources to continue its actions intended to offer better living conditions to the most vulnerable and to fight effectively against discrimination and social exclusion.

In : Economy 

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