海地：工作人员监督方案下的第三次审查和延期请求新闻稿；员工报告

THIRD REVIEW UNDER THE STAFF-MONITOREDPROGRAM AND REQUEST FOR EXTENSION—PRESSRELEASE;ANDSTAFF REPORT In the context of theThird Reviewunder the Staff-Monitored Program and Request forExtension, the following documents have been released and are included in this package: •APress Release. •TheStaff Reportprepared by a staff team of the IMF for the Executive Board’sinformationfollowing discussions that ended onApril 1, 2026, with the officials ofHaition economic developments and policies underpinning theThird Review Underthe Staff-Monitored Program. Based on information available at the time of thesediscussions, the staff report was completed onMay 7, 2026. 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. IMFManagementApprovestheThirdReviewand ExtendstheStaff-MonitoredProgramwith Haiti FOR IMMEDIATE RELEASE A Staff-Monitored Program (SMP)is aninformalagreementbetweenanIMF member countryandIMF staff to monitor themember country’seconomic program. As such,SMPsdo notentail endorsement by the IMF Executive Board. SMPstaff reports are issued to the Board forinformation. •Management of the International Monetary Fund (IMF) has approved thethirdreview of theStaff-Monitored Program (SMP) with Haiti,together withthe authorities’ request foranextensionof theprogram throughJune19,2027.All program targets were metas of end-December 2025.Reform progresscontinues, albeitat aslowerpacethan anticipated insome areasdue tosecurity conditions, capacity constraints, and political uncertainty. •The SMP extension will help anchor macroeconomic stability and sustain reforms during thepolitical transition. The authorities continue to demonstrate ownership of the program andcontinue engaging with IMF staff through the high-level SMP Monitoring Committee. •Persistent insecurity, political fragility, and the recent increase in international oil prices arecompounding the dire humanitarian and economic situation.Theauthoritiesare encouragedtouse availablebuffers to mitigate shocks, protect the most vulnerable, andadaptpolicyimplementation as conditions evolve. Washington, DC–May 21, 2026:Management of the International Monetary Fund (IMF)approved onMay 5,2026,thethirdreview of Haiti’s Staff-Monitored Program (SMP), includingthe authorities’ request for anextension of the SMP throughJune19, 2027. SMPs are informalagreements between country authorities and the IMF to monitor the implementation of theauthorities’ economic program and build a track record of policy implementation that could pavethe way for financial assistance from the IMF’s upper credit tranche (UCT). Haiti’s SMP istailored to its context of acute security challenges, institutional fragility, and capacity constraints.It supports the authorities’ priorities of economic stabilization, improved governance,anticorruption, and strengthening the social safety net. Haiti continues to face a severe humanitarian and securitycrisis, compounded byrecurrent shocksanda fragilepolitical transition.Gangs continue toundermine stateauthority,leavingapproximately5.7 million peoplefacing food insecurity and 1.45 millionpeopleinternally displaced. The oil price shock stemming from the war in the Middle Easthas emergedas a major headwind, significantly raising the fuel import bill and implicitsubsidy cost, andaggravating an already weak fiscal position. These pressures add to theimpact of HurricaneMelissa in October2025, whichdisrupted economic activity and exacerbated humanitarianneeds.Haiti is also navigatingafragile political transition thatis expected to culminatein generalelections later this year—the first in a decade.TheUN-supportedGang SuppressionForce began arriving in April 2026and is expected to be fully deployed by October 2026,whichcould helprestoresecurity andsupportrecovery. Economic conditions remain dire.Real GDP contracted for a seventh consecutive year inFY2025andafurther contraction is expected in FY2026. Inflation haseased recentlybutremainselevated. Against the backdrop of weak economic activity and heightened uncertainty,financial intermediation has continued to contract. Retrenchment in bank lending and financialdisintermediation have contributed to improvements in non-performing loan ratios, while capitaladequacy ratios remain well above regulatory minimums. Despite a deteriorating external environment, international reserve buffers remainadequate.Higher international oil prices are weighing on the external position, but strongremittancepartly offset these pressures. The current account is expected toweaken inFY2026but willremain broadly