Haiti: Staff-Monitored Program-Extension and Modification of Performance Criteria-Press Release; and Staff Report

Background. Building on progress achieved under the previous SMP which ended in May 2023, on June 29, 2023, Management approved a new Staff-Monitored Program (SMP) for a nine-month period spanning from June 30 through March 31, 2024. The 2023 SMP focuses on strengthening governance, fighting corruption, enhance transparency and accountability in the use of public spending, including through data transparency to help ensure public funds are used appropriately—all to support the authorities’ efforts to raise inclusive growth. The SMP, initially, envisaged two reviews with June 2023 as a test date for the First Review and December 2023 as test date for the Second Review. In the original letter of intent (LOI) in June 2023,2 the authorities had envisaged the possibility to request an extension if circumstances required, to allow to establish a solid track record of policy implementation.