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Haiti - FLASH : More than half a billion gourdes/year to finance 58 political parties
03/12/2017 07:41:34

Haiti - FLASH : More than half a billion gourdes/year to finance 58 political parties
According to the report of the Monitoring Committee for the Financing and Institutionalization of Political Parties, presented last Thursday, out of 107 political organizations that took part in the last elections, 58 with elected candidates will share 572 million gourdes in the 12 next months in the framework of the application of the law on political parties. The most representative political parties (having the most elected) will collect more than 6.6 million gourdes per month from the Haitian state and nearly 100 thousand gourdes for the least representative and nothing for the formations having no elected candidate.

13 parties will receive monthly funding 13 parties will receive monthly funding
11 parties will receive between 504,000 and 727,000 Gdes;
14 parties will receive between 199,000 and 437,000 Gdes;
20 other parties will receive between 100,000 and 107,000 Gdes.

According to the Ministry of Finance, each month, starting next week, the Government will disburse a total of 41.6 million gourdes for the 58 parties including: 6.62 million for the PHTK, President's Party ; 4.49 million for the Vérité Party ; 3.49 million for the KID; 3.34 million for the OPL; 2 million for Lavalas; 1.42 million for "Pitit Dessalin" and 1.40 million for the LAPEH Party.

250 million Gourdes are planned in the 2017-2018 budget which will be disbursed at a rate of 41.6 million gourdes per month. President Moïse has promised more than double this amount in 6 months by taking an amending budget to reach the total amount of planned funding is 572 million/year (47.65 million monthly average) for the last 6 months of the fiscal exercise.

HL/ HaitiLibre

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