2024-2025 : Nouveaux engagements et perspectives avec le FMI

Abstract

This chapter analyzes the commitments made by Haiti and the BRH under the 2024-2025 economic and financial program with the IMF. The zero monetary financing objective is presented as an attempt to restore macroeconomic credibility, limit inflation, and discipline public finances. The chapter, however, stresses the difficult conditions for implementation: weak revenues, urgent social spending, security crisis, and contraction of the real economy. Monetary discipline may reassure donors and contain some nominal risks, but it can also reduce recovery space, intensify fiscal compression, and weaken the state’s domestic legitimacy. The chapter therefore assesses early outcomes in a nuanced way: limited gains in external credibility, but uncertain effects on investment, employment, and social protection. It confirms the persistent incompatibility between discipline, recovery, and budgetary sovereignty.