海地：工作人员监督方案下的第二次审查和延期请求新闻稿；员工报告

SECOND REVIEW UNDER THE STAFF-MONITOREDPROGRAM AND REQUEST FOR EXTENSION—PRESSRELEASE AND STAFF REPORT In the context of theSecondReview Under the Staff-Monitored Program and Requestfor Extension, the following documents have been released and are included in thepackage: •APressRelease. •TheStaff Reportprepared by a staff team of the IMF for the Executive Board’sinformation following discussions that ended on October 8, with the officials of Haition economic developments and policies underpinning the Second Review Under theStaff-Monitored Program. Based on information available at the time of thesediscussions, the staff report was completed on December 1, 2025. •ADebt Sustainability Analysisprepared by the staffs of the IMF and the World Bank. TheIMF’s transparency policy allows for the deletion of market-sensitive information andpremature disclosure of the authorities’ policy intentions in published staff reports andother documents. Copies of this report are available to the public from International Monetary Fund•Publication ServicesPO Box 92780•Washington, D.C. 20090Telephone: (202) 623-7430•Fax: (202) 623-7201E-mail:publications@imf.org Web:http://www.imf.org International Monetary FundWashington, D.C. IMF Management Approves the Second Review and Extendsthe Staff-Monitored Program with Haiti FOR IMMEDIATE RELEASE A Staff-Monitored Program (SMP) is an informal agreement between an IMF member countryand IMF staff to monitor the member country’s economic program. As such, SMPs do notentail endorsement by the IMF Executive Board. SMP staff reports are issued to the Board forinformation. •Management of the International Monetary Fund (IMF) has approved the second review ofthe Staff-Monitored Program (SMP) with Haiti, including the authorities’ request for a nine-month extension of the SMP through September 19, 2026. •Program implementation has been encouraging despite the challenging environment. Allquantitative and indicative targets were met at the end-June test date, with monetaryfinancing kept at zero and reserves accumulation exceeding the program target. The reformimplementation has continued, though with delays in some areas. •The SMP extension will allow the authorities to maintain policy continuity, consolidaterecent progress, and complete and strengthen reforms, particularly in governance,anticorruption, revenue mobilization, and enhancing the social safety net. Washington, DC:Management of the International Monetary Fund (IMF) approved onNovember 25, 2025 the second review of Haiti’s Staff-Monitored Program (SMP), including theauthorities’ request for a nine-month extension of the SMP through September 19, 2026.SMPs are informal agreements between country authorities and the IMF to monitor theimplementation of the authorities’ economic program and build a track record of policyimplementation that could pave the way for financial assistance from the IMF’s upper credittranche (UCT). Haiti’s SMP is tailored to its context of acute security challenges, institutionalfragility, and capacity constraints. It supports the authorities’ priorities of economicstabilization, improved governance, anticorruption, and strengthening the social safety net. Economic conditions in Haiti remain fragile amid persistent domestic and externalshocks, and rising uncertainty.Against the backdrop of intensifying gang violence, RealGDP contracted in FY2025 for the seventh consecutive year, while annual inflation remainedhigh at around 32 percent. The expiration of the TPS for Haitians in the United States inFebruary 2026, the non-renewal of the HOPE/HELP preferential trade agreement whichended in September 2025, and the impact of Hurricane Melissa in late October 2025—whichcaused significant loss of life and widespread damage to infrastructure and agricultural areas,exacerbating humanitarian needs and further constraining resources— are expected to furtherstrain the Haitian economy. Despite the challenging conditions, program implementation has been encouraging.Allquantitative and indicative targets for the end-June test date were met. Monetary financing ofthe fiscal deficit has been maintained at zero, social spending reached the program’s targets, and revenue performance stayed on track. International reserves continued to accumulate,supported by strong remittance inflows and foreign exchange purchases. Net internationalreserves reached almost US$ 1.5 billion by end July 2025. The reform agenda—coveringgovernance, public financial management, safeguards, and data provision—continues toadvance, although with delays in some areas. The authorities continue to demonstrate strongownership and engagement, including through the high-level SMP Monitoring Committee. The nine-month extension of the SMP through September 2026 will help supportmacroeconomic stability, preserve reform momentum, and allow for political andsecurity conditions to stabilize.The extension will consolidate recent achievements andadvance ke