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LatinNews Regional Monitor: Caribbean & Central America - 27 November 2019

In brief: IMF warns on Haiti crisis

* The International Monetary Fund (IMF) has issued an end-of-mission press release detailing preliminary findings of a delegation visit to Haiti. According to the press release, inflation rose to above 20% at the end of September and growth for the fiscal year 2019 is expected to be negative. The IMF stresses that short-term priorities are to restore macroeconomic stability, mobilise fiscal revenues, tackle corruption, and develop a new programme of cash transfers to poor and vulnerable citizens. The IMF advises that “a continuation of the current political crisis would have devastating consequences for the country”, but that a return to political stability could signal stronger and inclusive growth for Haiti.

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