Haiti - Economy : Announcement of unpopular measures in the coming days - HaitiLibre.com : Haiti news 7/7
Download the DRAFT of the new Constitution of Haiti (May 2025)





iciHaiti - Diaspora : The Minister of MHAVE in Brazil

iciHaiti - Gold Cup 2025 : «D-2», the Grenadiers in training

iciHaiti - Social : The Ministry of Public Works building vandalized

iciHaiti - Cap-Haitien : First domestic flight from the Guy Malary terminal

iciHaiti - «Tuesday of the Nation» : Outline of the preliminary draft Constitution


more news


Haiti - Celebration : 276th Anniversary of Port-au-Prince

Haiti - FLASH : IDB announces $283 million in grants for Haiti

Haiti - FLASH : Kamikaze drone attacks reportedly kill at least 300 terrorists

Haiti - News : Zapping...

Haiti - 30th Anniversary Celebration of the PNH : Rain of Messages


more news


Haiti - Economy : Announcement of unpopular measures in the coming days
08/05/2018 08:51:55

Haiti - Economy : Announcement of unpopular measures in the coming days
In order to respect its commitments made in the "Staff-monitored program" agreement with the International Monetary Fund (IMF) signed in late February https://www.haitilibre.com/en/news-24021-haiti-economy-towards-further-increases-in-fuel-prices.html which includes important requirements, including the complete elimination of subsidies for petroleum products and electricity, the Government of Haiti is preparing to take measures that may be very unpopular in the coming days.

Jude Alix Patrick Salomon, Minister of Economy and Finance confirms that by the end of June, fuel prices at the pump will be revised upwards, the Government will apply the mechanism of automatic adjustment of price at the pump https://www.haitilibre.com/en/news-20974-haiti-flash-fuel-a-lack-of-precision-in-the-agreement-with-serious-consequences.html (not implemented since May 2017) and to eliminate all fuel subsidies.

In addition, the Government is considering a drastic increase in the billing rate to reduce the recurrent shortfall of EDH which exceeds $ 200 million each year, a sum which the State fills by digging its own deficit.

Finally, the Government intends to replace the Turnover Tax with a Value Added Tax (VAT).

See alos :
https://www.haitilibre.com/en/news-20974-haiti-flash-fuel-a-lack-of-precision-in-the-agreement-with-serious-consequences.html
https://www.haitilibre.com/en/news-20957-haiti-flash-increase-in-fuels-this-is-only-the-beginning.html
https://www.haitilibre.com/en/news-24021-haiti-economy-towards-further-increases-in-fuel-prices.html
https://www.haitilibre.com/en/news-23659-haiti-economy-moise-accepts-the-program-of-control-and-the-requirements-of-the-imf.html

S/ HaitiLibre

Twitter Facebook Rss
Send news to... Daily news...




Why HaitiLibre ? | Contact us | Français
Copyright © 2010 - 2025
Haitilibre.com