Economy & Business - July 2023

HAITI: IMF issues strangely upbeat report

Haiti is in the middle of a humanitarian crisis, with street gangs controlling large parts of the economy amid reports of continuing recession, rising inflation, and widespread poverty and food insecurity. Yet on 30 May the International Monetary Fund (IMF) approved the country’s Staff Monitored Programme (SMP) which it claimed, “has helped maintain macroeconomic stability”.

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