1945

In fiscal year 1997, the performance of the Haitian economy was quite mediocre, with overall growth barely exceeding 1%. Dissension between the executive and legislative branches of government hampered the implementation of the reforms agreed upon at the beginning of the year with the International Monetary Fund (IMF). This cut deeply into inflows of official finance from abroad and held up the progress of the development plans that had been designed to spur the economic recovery.

Related Subject(s): Economic and Social Development
Countries: Haiti
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