Business
Haiti rises from the ashes – Economy contiues to grow
Thursday, June 14, 2012
Haiti’s economy is moving in a positive direction, though at a level below that projected by the International Monetary Fund’s Extended Credit Facility arrangement, the IMF said following the conclusion of its mission to Haiti.
“The economy continues to grow, albeit below the levels projected in the ECF-supported programme, which remains broadly on track,” the fund said in a statement. “The slowdown in public investment, associated with the process of political transition over the recent months, was offset by sustained dynamism in the commercial sector and manufacturing industries as well as a good harvest.”