Appeals & Response Plans
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Dear Mr. Strauss-Kahn:
1. The purpose of this letter and attached memorandum is to inform you of the progress made under the PRGF-supported program, and to request that the fifth disbursement under the arrangement, in the amount of SDR 7.6 million, be made available to Haiti following the completion of the fourth review. In addition, given the damage caused by recent natural disasters and its expected negative impact on Haiti's external position, we are requesting an augmentation of access under the arrangement of SDR 24.57 million (30 percent of quota).
Since 1986, successive Haitian governments have on several occasions declared the reduction of poverty to be a priority. However, poverty reduction has never been the subject of a systematic policy or of a coherent program with precisely defined measures and objectives. In 2000, the government subscribed to the Millennium Development Goals (MDGs). In 2003, the government backed the Integrated Program to Respond to the Urgent Needs of Vulnerable Communities and Populations (PIR) launched by the United Nations.
Report; Staff Supplement; Press Release
on the Executive Board Discussion; and Statement by the Executive Director
In the context of the Use of Fund resources-Request for Emergency Post-Conflict Assistance by Haiti, the following documents have been released and are included in this package:
- the staff paper for the Use of Fund Resources-Request for Emergency Post-Conflict Assistance, prepared by a staff team of the IMF, following discussions that ended on September 25, 2005, with the officials of Haiti on economic developments and policies.
Haiti has experienced an extended political conflict that led to an armed rebellion in early 2004 and a change in government in mid-March. In the period preceding the political transition, several hundred people were killed and many more injured, there were extensive property losses (5=BD percent of GDP) and damage to Haiti's institutional and administrative capacity.
Press Release No. 98/58
FOR IMMEDIATE RELEASE