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Haiti - Economy : World Bank calls for a new social contract 23/09/2015 10:06:56 The diagnostic "Haiti: Towards a New Narrative" notes the progress made in reducing extreme poverty and maintaining macroeconomic stability. With a growing young labor force, proximity to the US and other major markets, Haiti has great economic opportunities in agribusiness, light manufacturing and tourism. "Following the earthquake, Haiti experienced its best performance in decades with a real growth rate averaging 3.3% from 2011 to 2014, partly spurred by high levels of reconstruction aid. However, this growth is faltering and will not be sufficient for Haiti to achieve its vision of becoming an emerging economy by 2030 and improve life for its poorest citizens," said Mary Barton-Dock, World Bank Special Envoy in Haiti. "Haiti is at a cross road and this diagnostic identifies key priority areas for action to generate opportunities for all Haitians." The authors highlight that on one hand the state struggles to provide adequate services for its citizens or a favorable climate for business, and on the other hand few pay taxes. In the absence of the state, non-state actors have stepped in: in health, about 50 percent of health expenditures are provided by NGOs and 80 percent of primary and secondary schools are run by private institutions or NGOs. As Haiti is in the midst of legislative, presidential and municipal elections five years after the 2010 earthquake, the report aims to promote a debate around the social contract. Additional priorities include:
This diagnostic is a new instrument to help identify and inform priorities for the World Bank Group’s engagement in each country. Based on the evidence, a new country partnership strategy will be discussed by the Board of Directors of the World Bank Group on September 29. HL/ HaitiLibre
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