Haiti: Use of Fund Resources—Request for Emergency Post-Conflict Assistance

Volume/Issue: Volume 2005 Issue 065
Publication date: February 2005
ISBN: 9781451817591
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Topics covered in this book

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Banks and Banking , Exports and Imports , Economics- Macroeconomics , Money and Monetary Policy , Public Finance , ISCR , CR , EPCA financing , audit , Emergency Post-Conflict Assistance , IMF policy advice , arrears to the World Bank , electricity company , interim audit , Arrears , Budget planning and preparation , Public sector , Commercial banks , Emergency assistance , Western Hemisphere , Global

Summary

This paper discusses Haiti’s Request for Emergency Post-Conflict Assistance (EPCA). The authorities’ program draws on a broad reform and development program prepared in collaboration with the international community. The principal objectives of the program are to strengthen key institutions and governance, promote economic recovery, improve access to basic services, restore security, and promote national dialogue. In the IMF staff’s view, Haiti meets the criteria for IMF assistance under the EPCA. The proposed purchase under the IMF's EPCA policy is for SDR 10.23 million.